Raymond James & Associates picked up an advisor managing $103 million from UBS, while also recruiting advisors from rivals J.P. Morgan and D.A. Davidson.
Wirehouse advisor Rob Torrington left UBS to join Raymond James in Palm Beach Gardens, Fla., where he reports to branch manager Eric Bachinsky.
Torrington generated about $875,000 in annual production while at the wirehouse. He had been with UBS since 2009, according to FINRA BrokerCheck. Prior to UBS, Torrington worked at Wachovia from 2000 to 2009.
In a statement, Torrington cited Raymond James' technology, culture and research capabilities as reasons for making the move. He said the firm offered "the best combination of capacity and culture."
Earlier this month, Raymond James recruited a J.P. Morgan advisor, and a second advisor from D.A. Davidson. A spokeswoman for the St. Petersburg, Fla.-based firm declined to provide production or AUM figures for those two advisors.
Jonathan Crawley left J.P. Morgan to join Raymond James in Boston. Crawley started his advisory career at Ameriprise in 2006, according to FINRA records. He moved to J.P. Morgan in 2007.
Veteran advisor William Council moved from D.A. Davidson to Raymond James, where he joined the firm's San Diego office. Raymond James has been on a recruiting push on the West Coast as part of its growth strategy.
Council has been in the industry for 37 years. He started with Crowell Wheedon in 1978, and stayed through that firm's merger with D.A. Davidson in 2013.
- Advisors With Combined $330M AUM Join Waddell & Reed
- $225M Merrill Team Joins Snowden Lane
- Raymond James Grabs $1M Producer From Morgan