Morgan Stanley duo managing $252 million moves to Raymond James

Matthew T. Pruitt and Matthew J. Fisher, who managed $252 million in assets at Morgan Stanley, have joined the employee unit of Raymond James in Doylestown, Pa. Their team, which operates as Patriot Wealth Management, also includes planning consultant Louise A. Clauso and service associate Dale A. Hoernlein. (More:​ See more adviser moves in InvestmentNews' Advisers on the Move database.) Mr. Pruitt began his securities career at Merrill Lynch in 1997 and moved to Morgan Stanley in 1999. Prior to his financial services career, he held a variety of positions in the Navy for 25 years. He received the U.S. Navy Meritorious Service Medal and retired from the Navy as a Commander. Mr. Fisher began his securities career at Morgan Stanley in 2004. A former active duty Army officer, he served as a paratrooper with the 82nd Airborne Division in Iraq during Operation Iraqi Freedom and received the Bronze Star Medal for service during combat operations. ​