An adviser who oversaw $270 million in client asset at Morgan Stanley has left to join Raymond James, the firm says.

Adviser Mark Rubin now works from Raymond James' office in San Rafael, Calif. The firm opened that office about a year ago.

While at Morgan, Rubin generated more than $1.8 million in annual revenue, Raymond James says.

In a statement, Rubin says he made the move, which occurred in March, partly for Raymond James' equity research department as well as the accessibility of the firm's leadership.

Rubin is an industry veteran, having started his career at Lehman Brothers in 1991, according to Raymond James. He later worked for Smith Barney, staying through that firm's merger with Morgan Stanley.

Before his career as an adviser, Rubin managed Jewish Community Centers in Pittsburgh, San Francisco and other locations, according to Raymond James.

Also moving with him to Raymond James is Natasha Turner, sales associate.

A Morgan Stanley spokeswoman declined to comment on the move.

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