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Wells Fargo team with $800 million moves to Raymond James

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Daniel Kaschmitter and William Gelegotis are joining the employee unit in Salt Lake City

Daniel Kaschmitter and William Gelegotis, who managed $800 million at Wells Fargo Advisors in Salt Lake City, have joined the employee unit of Raymond James.

Mr. Kaschmitter, who began his career at PaineWebber, was with Wells Fargo and its predecessor firms for 18 years.

Mr. Gelegotis, who has more than 40 years of financial services experience, spent the last 18 years with Wells Fargo and its predecessors.

[More: Wells Fargo Advisors signs up more than 1,000 advisers for new succession plan]

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