Raymond James Financial has lured a team of two financial advisers from Wells Fargo & Co that managed over US$220 million in client assets.
The team, which includes Luke Kuchenberg and Tyson Ray, will join the firm’s brokerage unit at Lake Geneva, Wisconsin, reported Reuters.
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Wells Fargo said that the team previously had annual production in fees and commission of more than US$2.5 million.
The duo has joined Raymond James from A.G. Edwards. Kuchenberg has begun his financial services career in 1998 and joined Ray at A.G. Edwards in 2001, which then became Wachovia.
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