Raymond James says Terry Estes has joined its independent advisor channel from Edward Jones, where he had around $156 million in client assets.

Estes has joined Raymond James Financial Services and Freedom Street Partners, a partnership of independent advisors affiliated with RJFS.

He is located at a Freedom Street satellite branch in Monroe, a suburb of Charlotte, North Carolina, according to Raymond James.

Technology was among Raymond James' main draw for Estes.

“I was attracted to Raymond James and Freedom Street Partners by the advanced technology to support planning and asset management activities. Those efficiencies allow me to focus on my practice serving high-net-worth families with comprehensive planning that encompasses their overall financial picture,” Estes said in a statement.

Freedom Street has grown from $312 million in client assets in 2018 to $2.6 billion in December 2021, and now has locations in seven states, mainly in the Southeast and in Illinois, according to Raymond James.

Estes was previously registered with Edward Jones from 2000 — when he started in the industry — until October last year, according to his BrokerCheck record.