Raymond James & Associates landed a former Morgan Stanley advisor team with $225 million in assets under management and annual fees and commissions of $2 million.

The Walsh Group, a husband and wife team, will open Raymond James’ first branch in Buffalo, N.Y.

Team member Peter Walsh has been in the financial services since 1984. Lisa Walsh was an account executive at ADP before working for the last 19 years at Morgan Stanley.

“Peter and Lisa are a wonderful addition,” said Bill Roney, director of the Great Lakes division of Raymond James & Associates, in a statement.

“They are an outstanding, high-quality team - with more than 45 combined years of experience and, most importantly, high integrity and a commitment to and focus on their clients.  We couldn’t be more excited to have the entire team join the Raymond James family, and we are proud to have them represent us in the Buffalo market.”

Joining with the group are Jennifer York, senior registered financial planning assistant, and Kasandra Crosby, client service associate.

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