A team that generated $1.2 million in annual revenue at Wells Fargo has left to join the independent channel of Raymond James, the firm says.

Advisers Charles Kolias and Joseph Tabaka Jr. joined Pittsburgh-based Confluence Financial Partners, an existing independent firm that is affiliated with Raymond James.

Biggest breakaways: Where advisers are moving now
The largest teams to go indie this year managed more than $5 billion in client assets.

While at Wells Fargo, the advisers managed approximately $137 million in client assets, according to Raymond James.

"While we liked the idea of being independent, we were not that interested in running our own practice," Tabaka said in a statement.

They wanted to be part of something bigger, said Tabaka, adding that he and his partner share Confluence’s philosophy and approach.

A wirehouse team that generated $1.2 million in annual revenues went independent with Raymond James. Left to right: Charles Kolias, Connie Sylvester and Joseph Tabaka Jr.

Kolias, who has been partnered with Tabaka since 2011, said that he has known Confluence partner Greg Weimer for more than two decades, and has high respect for Weimer and his team.

"Having Raymond James as the chassis upon which Confluence sits is an added bonus — the firm’s reputation and culture are outstanding," Kolias said.

Kolias started his career in 1992 with L.C. Wegard before moving to A.G. Edwards in 1993, according to FINRA BrokerCheck records. He stayed through that firm's subsequent acquisition by Wachovia, which was, in turn, bought by Wells Fargo.

He also served as branch manager of A.G. Edward's office in Sewickley, Pa., according to Raymond James.

Tabaka began his career at A.G. Edwards in 1999.

Constance Sylvester, senior registered assistant, is also moving with the team.