In a rare move back to employee advisory channels, two independent advisor teams that managed more than $200 million in combined assets left LPL and Commonwealth Financial for Raymond James.

LPL advisors John Sedberry and Zachary Jones, who managed $93 million in assets and generated $1.25 million in annual revenues, joined Raymond James & Associates in San Diego, according to the firm. A second team, advisors Marta Shen and A.K. Mashhoon, also moved to Raymond James from Commonwealth Financial, where they generated annual revenues of $1.1 million.

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