Two Naples, Florida-based advisers who managed about $175 million in client assets at Morgan Stanley are joining Raymond James’ employee adviser channel, Raymond James & Associates, the company announced Tuesday.
Financial advisers John Patat and Joel Gravina will operate as Focus Wealth Management of Raymond James along with their team, which includes client service associates Stephen McLaughlin and Morgan Gatlos.
Patat began his 25-year career in financial services as an assistant trader for Prudential Securities in New York City. He later transitioned to an advisory role at Wells Fargo Advisors in 2003 before relocating to Morgan Stanley in 2012.
Gravina began his career as a financial adviser with Wells Fargo, remaining there for five years until joining Morgan Stanley in 2015. Gravina holds the chartered retirement planning counselor designation.
Elsewhere, Wells Fargo Advisors adds a $400 million Morgan Stanley veteran in Naples as an ex-Cetera advisor goes independent with LPL
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