(Reuters) - Raymond James Financial Inc
Advisers Chris Rogers, Steve Guthrie, Dana Ricker and David Mitchell moved to Raymond James in late June from Morgan Stanley
Morgan Stanley confirmed the departures but declined to comment further.
The group, led by Rogers, focuses on financial planning, retirement planning, risk management and legacy planning. They are based out of Raymond James' Portland, Maine office.
Guthrie and Rogers, who were both senior vice presidents at Morgan Stanley, have worked in the advising industry for roughly four decades and three decades, respectively. The advisers were legacy Citigroup
The advisers joined Raymond James & Associates, the company's traditional employee broker-dealer division. St. Petersburg, Florida-based Raymond James also has an independent broker-dealer division in the United States and smaller brokerage units in Canada and Britain.
With its broker-dealer subsidiaries, Raymond James has more than 6,300 advisers who manage roughly $418 billion in client assets.
(Reporting by Ashley Lau; Editing by Tim Dobbyn)