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Raymond James hires $145M Morgan Stanley adviser

Raymond James Financial Inc. hired Kenneth Dow, financial adviser and senior vice president of investments, for Raymond James & Associates Inc.'s Oakbrook, Ill., office.

Dow most recently worked with Morgan Stanley, where he managed more than $145 million in client assets and had more than $1 million in annual revenues.

At Raymond James, Dow is joined by Laura Sanchez, senior service and marketing associate, and the team is doing business as the Dow Group of Raymond James.