Raymond James lured away a team that managed $177 million in client assets from rival firm D.A. Davidson, according to the company.

Advisers Ken Robbins and Kathy Roshay and Magda Lesmana, registered customer service associate, joined Raymond James' employee channel in Los Angeles. They made the move last week.

The team previously generated about $1.2 million in annual revenue, according to Raymond James.

"I looked at a number of firms and Raymond James came out on top," Robbins said in a statement, citing his new employer's capabilities, particularly its technology platform which "clearly stood out."

Raymond James' latest hires ― Magda Lesmana, left, Ken Robbins and Kathy Roshay ― say they opted for the firm because its technology platform "clearly stood out."

Robbins started his career at Morgan Stanley in 1995, according to FINRA BrokerCheck records. He transferred to Crowell Weedon in 2004. That firm was acquired by D.A. Davidson in 2013.

Roshay joined him at Crowell Weedon in 2007.

A spokeswoman for the regional firm could not be reached for immediate comment on their departure.

In addition to growing its overall brokerage force, Raymond James has been attempting to build out the presence of its employee channel on the West Coast for several years. In 2015, the firm hired Rick Sanchez, a former Morgan Stanley executive and RIA co-founder, as its West Coast regional director.

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