Wells Fargo financial adviser with $350 million in assets skips to Raymond James

A longtime Wells Fargo adviser in the Denver area with close to $350 million in client assets, Jarrod E. Biebel, has jumped to Raymond James & Associates Inc. According to Mr. Biebel's BrokerCheck report, he was registered with two separate broker-dealers while at Wells Fargo and its antecedents: Wells Fargo Investments from 2002 to 2011, and Wells Fargo Advisors from 2011 through this month. (More: See all of the latest moves in the Advisers on the Move database) A Wells Fargo spokeswoman, Emily Acquisto, did not immediately return a call on Wednesday afternoon for comment. Raymond James & Associates is the employee broker-dealer under Raymond James Financial Inc., the brokerage holding company. Mr. Biebel primarily manages custom discretionary portfolios, and produced annual fees and commissions of more than $2 million, Raymond James said in a statement. Mr. Biebel, along with his registered sales associate Angelica Walter, will operate as First Avenue Wealth Partners. “We are genuinely ecstatic to join the Raymond James culture and be in an environment that affords us the opportunity to provide our clients with a great client experience,” Mr. Biebel said in a statement. “Put simply, we feel that we now have the ability to take our practice to a higher level, provide clients with a wide range of solutions, and be completely focused on client-centric priorities.”