Raymond James grabs four-man team from Wells Fargo

Raymond James & Associates Inc. this month grabbed a team of four former reps for Wells Fargo Advisors who managed $288 million in client assets.

John Solomon, Phil Greer, Bill Dukelow and Hamilton Neal joined Raymond James this month and will operate as Solomon, Greer, Dukelow & Neal Wealth Management in the Ponte Vedra Beach, Fla. branch of Raymond James & Associates, the firm’s traditional employee broker-dealer arm.

(See: Advisers on the Move )

Mr. Solomon, Mr. Greer and Mr. Dukelow had worked at Wells Fargo since 2003, according to their BrokerCheck profiles. Mr. Neal had worked at Wells Fargo since 2010, according to BrokerCheck.

“The most important factor in our decision to move was to work for a firm where the focus was first and foremost on serving clients’ needs and one whose revenue came primarily from its Private Client Group,” Mr. Greer said in a statement. “The adviser-centric, service-first culture here at Raymond James, along with superior technology, is going to allow us to forge even stronger relationships with our clients going forward.”

The team annually generated $1.7 million in fees and commissions while at Wells Fargo, according to the statement.

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A spokeswoman for Wells Fargo, Elise Wilkinson, did not immediately return a call on Wednesday afternoon to comment.