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4-member adviser group at UBS moves to Raymond James

Arun Sardana, Adam Proger, Paul Grambsch and Reilly Loflin, have moved to Raymond James Financial Inc. in Bethesda, Md., from UBS Institutional Consulting Group, Investment News reported.

Sardana, Proger, Grambsch and Loflin managed $990 million worth of assets at UBS and advised on an additional $1.6 billion in assets.

The team will now operate as SPG Fiduciary Partners of Raymond James.