James Ducharme and Michael C. Rowland have joined Raymond James & Associates, the firm’s employee advisor broker-dealer, in Melbourne, Fla., as Rowland-Ducharme Wealth Management Group of Raymond James, the company says in a press release. They previously oversaw $194 million at UBS, according to Raymond James.
Ducharme joined the financial services industry in 1993 and came to UBS in 1996, according to his BrokerCheck profile.
For Michael C. Rowland, the move is a return: he began his industry career at Raymond James in 2008 but left in 2010 “to join a relative’s practice at UBS,” Raymond James says.
The team also includes practice business manager Michael J. Rowland, who started his industry career in 1981 and came to UBS in 1993, according to BrokerCheck, and senior registered client services associates Jackie Bartosz and Sherry Staley, Raymond James says.
Raymond James has lured several experienced and large producers from UBS over the past several months. In November, a 34-year industry veteran left UBS for Raymond James in Alabama. In October, Raymond James added a team of advisor in Maryland who had been overseeing a billion dollars at UBS.