Raymond James expands in Idaho by adding former Morgan Stanley advisers with $685 million AUM

Two teams of advisers with combined assets under management of $685 million have left Morgan Stanley to join the Raymond James & Associates office in Boise, Idaho. William Campbell, vice president of investments, Patrick J. Courtright, associate vice president of investments, Eltiena Campbell, senior investment management specialist, and senior associate Christine Robertson have formed the Campbell Courtright Group of Raymond James. They managed $360 million in AUM at Morgan Stanley. (More: See all the latest moves in the InvestmentNews Advisers on the Move database) Another new team — with $325 million in AUM — will now operate as Riedel/Miles Family Wealth Advisory Partners of Raymond James. The members are Debra Riedel, senior vice president, Josh J. Miles, first vice president, and senior associate Michele Cisario. “As Raymond James continues to expand our presence in the North and Northwest, I could not be more pleased to welcome these two great teams of advisers and their exceptional staff,” Todd Lovell, Raymond James Boise manager, said in a statement. Morgan Stanley spokeswoman Christine Jockle confirmed the departures but declined to comment further. (More: Advisers managing $550 million leave Merrill Lynch to create RIA in Florida) For the Campbell Courtright Group, it is possible to go home again. Mr. and Ms. Campbell and Mr. Courtright had worked at Raymond James Financial Services prior to moving to Morgan Stanley in 2011. “For the future of our clients and our practice, making the decision to transition 'back home' to Raymond James was an easy one,” Mr. Campbell said in a statement.