Subscribe

Raymond James adds Morgan Stanley duo managing $175 million

morgan duo

Naples, Florida-based John Patat and Joel Gravina will operate as Focus Wealth Management of Raymond James.

Two Naples, Florida-based advisers who managed about $175 million in client assets at Morgan Stanley are joining Raymond James’ employee adviser channel, Raymond James & Associates, the company announced Tuesday.

Financial advisers John Patat and Joel Gravina will operate as Focus Wealth Management of Raymond James along with their team, which includes client service associates Stephen McLaughlin and Morgan Gatlos.

Patat began his 25-year career in financial services as an assistant trader for Prudential Securities in New York City. He later transitioned to an advisory role at Wells Fargo Advisors in 2003 before relocating to Morgan Stanley in 2012.

Gravina began his career as a financial adviser with Wells Fargo, remaining there for five years until joining Morgan Stanley in 2015. Gravina holds the chartered retirement planning counselor designation.

[MORE: Credit union managing $245 million goes to Raymond James]

Related Topics: , ,

Learn more about reprints and licensing for this article.

Recent Articles by Author

Meet the fastest-growing financial firms

Who made it to America’s list of fast-growing employers? Find out in this report.

Bridging the generational divide in finance

With younger generations entering the arena, it’s vital to know how to connect with them.

Fiduciary commitment should be table stakes

Speed and nature of new DOL rule has left many in the insurance industry fuming, losing sight of the impact on ordinary investors

Cresset adds two J.P. Morgan teams overseeing $5B

The two groups were among several former First Republic teams whose exits from J.P. Morgan were announced Friday.

Ascensus buying Vanguard small-business retirement offerings

The company is acquiring the Individual 401(k), Multi-SEP, and SIMPLE IRA plan businesses from Vanguard.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print