Raymond James recruits Oregon adviser from Morgan Stanley

Raymond James & Associates has recruited Portland, Ore.-based brokerage representative Katherine Fisher-Schultz from Morgan Stanley. Ms. Fisher-Schultz, who managed more than $170 million in client assets at Morgan Stanley, has joined Raymond James' traditional broker-dealer office. (Search: Advisers on the Move database) An industry veteran, Ms. Fisher-Schultz started her career in 1988 as a sales assistant with Prudential Securities. She became a financial adviser in 2000. Prudential was acquired by Wachovia in 2003, and in 2004 she joined Smith Barney's Portland office, which was sold to Morgan Stanley in 2009. Ms. Fisher-Schultz is a solo practitioner, primarily serving individuals and families in or near retirement. (More: Raymond James scores duo from Wells Fargo) Jason Saunders, the Raymond James branch manager in Portland, praised Ms. Fisher-Schultz for her track record and reputation as an adviser. “Her conservative, client-first values align closely with those of Raymond James, making her a great addition to our firm,” he said. Raymond James has approximately 7,100 advisers serving more than 2.9 million client accounts in more than 2,800 locations. Total client assets exceed $608 billion.