Raymond James & Associates has recruited a former UBS team in Massachusetts.

Continuing its expansion in the northeast, Raymond James has added a team of four financial advisors and two support staff to a new Worcester, MA, branch of Raymond James & Associates, the firm’s traditional employee broker-dealer.

The team, called Elm Wealth Management, includes senior vice president of investments and managing director Stephen Erickson; senior vice president of investments and managing director Michael Martin; vice president of investments Scott Louder; associate vice president of investments Christopher Lussier; and registered practice coordinators Diana Correa and Nancy Jones.

They join from UBS, where they managed over $550 million in client assets and had approximately $3 million in annual production. They serve retirees, healthcare professionals, business owners and corporate executives.