Raymond James & Associates recruited a veteran father-son advisor team managing $220 million in assets.
Advisor Erwin Bry and his son, Terry, moved from Wells Fargo Advisors to Raymond James, joining the firm's office in St. Louis.
The Brys were both longtime A.G. Edwards advisors, staying with that firm through its merger with Wachovia, and later Wells Fargo.
The elder Bry started his career in 1969, according to FINRA records. In 1982 he moved from Newhard, Cook & Co. to Edwards. The younger Bry joined the firm in 1985. Lori Fugate, sales associate, also moved with the team to Raymond James.
"When meeting with senior leadership, they conveyed that there are basically a million different ways we can do business here at Raymond James. My grandfather was not a broker, but a stock market maven, and my father has known the industry his entire life, so as the third generation, Im glad to know we can continue serving clients the way we have always done it the way that works for us and our clients without pressure from the company to change," the younger Bry said in a statement.
Raymond James recently announced its largest recruitment of the year: a $900 million team. Advisors Howard Franzblau Richard Devine, Wayne Froud and David Brennan opened Raymond James' first office in Manhattan, after having previously been with J.P. Morgan Securities.