Raymond James welcomes ex-Morgan Stanley advisor

The California-based advisor caters to clients in the tech and biotechnology spaces.

Raymond James announced another addition to its employee advisor division on the West Coast. The broker-dealer said Thursday that San Diego-based financial advisor Taimur “Tam” Baig, formerly of Morgan Stanley, has joined Raymond James & Associates.

Baig, who reported managing around $130 million in client assets at Morgan Stanley, has joined Raymond James’ employee advisor channel.

Baig said his move was driven by his desire for a firm that offers a comprehensive suite of services and a strong commitment to client care.

“I wanted to align with a full-service wealth management firm with the right mix of resources and dedication to clients,” he said in a statement. “Raymond James stood out for the way it approaches the experience of its advisors and available support systems.”

At Raymond James, Baig will head Be Wealth Efficient, focusing on delivering tailored financial strategies for clients, particularly those in the technology and biotechnology sectors.

“The investment platform and technology [at Raymond James] are advanced, with robust customization and self-service tools that provide added value to my unique technology-focused clientele,” he said.

Baig started his career in 2009 at Merrill Lynch, followed by stints at Wells Fargo and Morgan Stanley. His leadership skills are complemented by his military background, having served in the Marine Corps and as an Air Force intelligence officer.

Raymond James recently added to its ranks in the East Coast by welcoming a Florida-based advisor from Wells Fargo.