Michael Fowler, Wayne Creef and Jennifer Anders, who as a team at Merrill Lynch managed $260 million in assets, have joined the employee unit of Raymond James in Virginia Beach, Va.
The team will be located there temporarily until a new office in Norfolk, Va., is complete. Joining them in the move are the team's two associates, Karen White and Diane Nolette.
Mr. Fowler began his career at Centura Bank in 1996, moved to Crestar/Suntrust Securities in 1998, and then to Banc of America Investment Services in 2003. That unit of Bank of America was folded into Merrill Lynch after the bank acquired the wirehouse in 2009.
[Recommended video: Chasing the dream: Journey from athlete to adviser]
Mr. Creef started his career at Crestar Bank in 1988. He joined Banc of America Investment Services in 1998.
Ms. Anders also joined Banc of America Investment Services in 1998.