Two Morgan Stanley advisers managing $112 million in client assets went independent with Raymond James, the firm said.

They're the latest wirehouse brokers to join the St. Petersburg, Florida-based firm so far this year. Earlier this month, four ex-Merrill Lynch advisers who collectively oversaw nearly $500 million in client assets switched to Raymond James, the firm said. They joined offices in Louisville, Kentucky, and Williamsport, Pennsylvania.

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