Raymond James Financial Services snagged two advisors away from AXA Advisors by persuading them that it could help them to grow their practice more effectively.
Bijan Mohseni and David Townsend together managed about $150 million in client assets at AXA, according to a release. Their firm is InvestPro Wealth Strategies in Tampa, Fla.
The pair is counting on the independent broker dealer's reputation to grow and its back-office support to enable them to spend more of their time with their clients, Mohseni says in the statement.
"We considered several firms, but knew Raymond James was the best fit for us and our practice," Mohseni says.
At AXA, Both planners were retirement planning specialists and Mohseni also was a qualified plan specialist.
They specialize in working with retirees, business owners, corporate executives and healthcare professionals.
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