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Raymond James nabs $560M adviser team from Wells Fargo

A six-person adviser team managing $560 million in client assets left Wells Fargo & Co. to join Raymond James Financial Inc.'s independent broker/dealer platform, InvestmentNews reported Nov. 12.

The team, comprising Jackson Rhoades, Jan Schmeski, Mike Stockton, Steve Bettenhausen, David Matty and Logan Stone, functions as Financial Services & Investment Strategies Group in Mountain Home, Ark., according to the report.