(Reuters) - Raymond James Financial Inc’s wealth management unit said on Thursday it hired two veteran advisers from Merrill Lynch.
Thomas Dedrick and Pam Franklin will join Raymond James & Associates Inc’s Tuscaloosa, Alabama office. They managed more than $162 million in client assets at Merrill Lynch and had fees and commissions in excess of $1 million.
Dedrick and Franklin have more than 35 years of investment experience between them.
Merrill Lynch could not be reached for comment.
Reporting By Neha Dimri in Bangalore; Editing by Saumyadeb Chakrabarty