Vic Howie and Paige Passerallo, who managed $240 million at Merrill Lynch in Charlotte, N.C., have joined the employee unit of Raymond James.
Moving with them are team members Mark Passerallo and Taylor Racer.
[Recommended video: Joel Bruckenstein: Expects new financial planning firms to emerge after so much M&A]
Mr. Howie spent 21 years with Bank of America and 10 years with Merrill Lynch, where he served as the company's consumer market executive in Charlotte and as marketing executive for the national municipal/public finance division and the commercial banking division.
Ms. Passerallo spent 14 years at Merrill Lynch. Earlier, she worked as a trust administrator for Wachovia Bank's personal trust department.
Register today for our Future of Financial Advice event on Nov. 20.