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Wells Fargo brokers move to Raymond James, RBC Wealth Management

Financial advisers Thomas Monroe and John McDermott III joined Raymond James Financial Inc. unit Raymond James & Associates Inc. in West Hartford, Conn., AdvisorHub reported, citing a Raymond James announcement.

The team joined from Wells Fargo & Co. unit Wells Fargo Advisors, where it managed nearly $336 million in client assets, according to the report.

In addition, RBC Wealth Management Inc. hired Tim Garigan from Wells Fargo for its Tucson, Ariz., office. Garigan previously oversaw $225 million in client assets, the news outlet noted.