Brokerage firm Benjamin F. Edwards & Co. has hired a three-member team from Wells Fargo Advisors for a new Panama City, Fla. branch as part of its national expansion.

The new Panama City, Fla. office marks the fifth branch opened by Benjamin F. Edwards in less than two months and its first office in Florida, according to the firm, giving it locations in 14 states throughout the U.S.

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