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$240M Foresters Financial adviser team joins Raymond James

Raymond JamesFinancial Inc. unit Raymond James Financial Services hired financial advisersJeffrey Grandy, Sophia Bliablias-Grandy, Douglas Souvenir and KeoniHudson-Rasmussen forits Lake Oswego,Ore., office, OnWallStreet reported,citing the company.

Theteam operates as part of Kruse Woods Financial Partners, an independent firmthat offers securities through Raymond James Financial Services. David Acker andMarie Fromont, both client service specialists, also joined the team.

Thegroup joins Raymond James from ForestersFinancial Services Inc., where it managed $240 million in client assets andgenerated nearly $1.8 million in annual fees and commissions.