An advisor generating about $1.1 million in annual revenue left Wells Fargo Advisors to join Raymond James & Associates, a spokeswoman said.
Advisor Nancy Leizman managed about $195 million in client assets while at the wirehouse.
She joined Raymond James' employee channel in Beachwood, Ohio, a suburb of Cleveland. She reports to Bill Theis, complex manager.
Leizman said in a statement that she made the move because she saw Raymond James as advisor-centric, noting that the firm's Private Client Group is responsible for the lion's share of Raymond James' revenue.
She said "we know our interests and those of our clients are foremost when it comes to making management decisions and investments."
Leizman started her career in 1987 with Merrill Lynch, according to FINRA BrokerCheck records. She joined Wells Fargo in 1998.
Also making the move to Raymond James is registered sales associate Lisa Kilma.