Advisers Gregory Stevens and Vince Spires, who managed $240 million in assets at Morgan Stanley in Ocala, Fla, have moved to Raymond James.
They will join the firm's employee unit.
Mr. Stevens has more than 21 years of financial services experience. He began his career at Smith Barney, which was acquired by Morgan Stanley.
Mr. Spires began his financial services career in 2000 at Morgan Stanley.