Recruiting continues to be on a roll in '16.

Raymond James (RJF) has welcomed two advisor teams with over $680 million in client assets to its office in Boise, Idaho — both from Morgan Sanley (MS).

The Campbell Courtright Group of Raymond James & Associates, includes William “Bill” Campbell, vice president of investments, and Patrick Courtright, associate vice president of investments, as well as Eltiena Campbell, senior investment management specialist.

The team recently managed over $360 million in client assets. Campbell has 23 years in the industry, while Courtright has eight (including one with Raymond James’ independent channel), according to FINRA BrokerCheck.

The members of the second team, which now does business as Riedel-Miles Family Wealth Advisory Partners of Raymond James, are Debra Riedel, senior vice president, and Josh Miles, first vice president; earlier, they managed about $325 million in client assets and had $1.8 million in yearly fees & commissions.

Riedel has 25 years in the business and was with Morgan Stanley for the past 10. Miles has worked for 20 years as an advisor, including the last eight at Morgan Stanley.

“As Raymond James continues to expand our presence in the North and Northwest, I could not be more pleased to welcome these two great teams of advisors and their exceptional staff,” said Todd Lovell, Boise, Idaho complex manager for RJA, in a statement.

“Our firm’s reputation for putting clients’ interests first and focusing on the needs of our advisors—whether that is from a technology standpoint, a product perspective, or just allowing them the control to run their practices and serve their clients as they choose—allows us as managers to continue to attract the very best in the business.”

Meanwhile, Summit Financial Consultants and Sorensen Wealth Management, two independent hybrid-RIA firms based in Westlake Village, California, have merged to form an expanded hybrid RIA firm that will use the Summit Financial Consultants brand. The combined firm has a total of more than $320 million in brokerage and advisory assets under management.

Under the terms of the merger, Sorensen personnel will relocate to Summit’s nearby offices to create a combined ensemble practice of 13 professionals, including five financial advisors, as well as dedicated experts in areas such as insurance, tax advice and other related specialties.

Neil Elmouchi, who had been chairman and CEO of Summit, will retain the same position at the combined firm, while Jeff Sorensen, previously chairman and CEO of Sorensen, has been named president of the combined firm going forward. Summit and Sorensen will continue to trade securities through Triad Advisors.

Ameriprise Financial (AMP) has brought in two advisors to its employee channel and one to its franchise channel with nearly $300 million in client assets.

Frank Coussens left Bank of America-Merrill Lynch to join Ameriprise’s Miami office under complex director Frank Teodosio, managing $132 million in assets. James O’Brien, formerly of Cetera Advisors, is now at the office in Lone Tree, Colorado, with $92 million in assets; he reports to branch manager Kathleen Drake. And Joe Cunningham, Jr. of Nachitoches, Louisiana, formerly of Sagepoint Financial, is now in the franchise channel with Mike Barker as field vice president. Cunningham manages $73 million.

For its part, Bank of America-Merrill Lynch (BAC) added three UBS advisors to its Manhattan East complex: Harry Lewkowitz, of the Lewkowitz–Gersten Wealth Management Group, joined as a managing director, wealth management advisor and senior portfolio manager, while Jeff Gersten (of the same group, joined as senior vice president (or SVP), senior financial advisor and senior portfolio manager. In addition, Jeffrey Schoenfeld joined as SVP, wealth management advisor and senior portfolio manager.

U.S. Trust added two private client advisors: Michael Krako, formerly of Wells Fargo Advisors, where he was a private banker, joined the St. Louis office, while Samantha Young joined the Washington, D.C. office; she was formerly a client advisor at Bronfman E.L. Rothschild Family Office. In addition, in Norfolk, Virginia, Christopher Wilkinson joined as a private client manager; he was formerly with Suntrust as a client advisor.

People Moves

Jay Hummel, formerly a managing director at Envestnet, has joined American Century Investments as senior vice president of direct sales and service. Hummell, who has been blogging for ThinkAdvisor, will be relocating to Kansas City, home of American Century’s client call center and corporate headquarters, where he will oversee the business strategy and execution for the firm’s retail direct business, which serves more than 600,000 clients with combined assets of $36 billion.

Robotti & Company Advisors welcomed Curtis Jensen, formerly chief investment officer at Third Avenue management. Jensen joins the New York-based firm as a portfolio manager.

Deutsche Asset Management expanded its Deutsche X Trackers team with the addition of Patrick Dwyer and Brandon Matsui, who joined as portfolio managers and directors. Both will be based in New York, reporting to Bryan Richards, head of passive portfolio management.

Dwyer joins from Northern Trust, where he was most recently head of international equity-index portfolio management for North America. Matsui joins from Charles Schwab, where he was a senior portfolio manager.

A number of changes were made to the executive committee at Voya Financial. Carolyn Johnson was named CEO of insurance solutions, which now includes Voya’s annuities business. Maggie Parent, joining from Deutsch Bank (where she was managing director-Americas, head of corporate technology) is now executive vice president of technology, innovation and operations; she will report to Rodney Martin, chairman and CEO.

Voya’s closed-block variable annuity segment will be overseen by CFO Ewout Steenbergen. Nan Ferrara was promoted to EVP, operations and continuous improvement, and Michael Smith will continue to manage the company’s employee-benefits business over the next six to nine months, working closely with Alain Karaoglan, chief operating officer, to determine an appropriate management transition strategy.

Read the Sept. 14 Recruiting Roundup at ThinkAdvisor.