Raymond James & Associates lured away a UBS advisor with $1.1 million in production.
Patrick Yates joined Raymond James in Louisville, Ky., as a financial advisor after spending 12 years with UBS where he managed more than $120 million in client assets.
Yates began his career in 1986 with Pruco Securities, a subsidiary of Prudential Financial. He also spent 11 years with Morgan Stanley. Yates reports to branch manager Thomas Hirsch.
Also moving to Raymond James is Yates' wife, Carole Yates, a marketing associate and communications manager, as well as Donna Calkin, a customer service associate. The team operates as Yates Financial Planning of Raymond James.
Last week, Raymond James announced that it had picked up a team managing $185 million in assets from RBC Wealth Management. Advisors Katherine Traver and Michael Gardner joined the regional firm in Manchester Village, Vt.
- $900K Producer Leaves Edward Jones to Join Raymond James
- $1.4M Producer Joins Janney Montgomery Scott
- Raymond James Grabs $185M Team From RBC