While at Wells Fargo Advisors, Preston Convington commanded annual fees and commissions of more than $2.4 million.

Raymond James has recruited a financial advisor who previously managed around $375 million in client assets at Wells Fargo Advisors to its new Columbia, South Carolina office.

While at Wells Fargo Advisors, Preston Convington commanded annual fees and commissions of more than $2.4 million, Raymond James earlier this week said in a statement. Joining him are senior investment portfolio analyst Amanda Simconis and client service associate Lindsey Sisk. The trio will operate as the Covington Financial Group of Raymond James.

Covington kick-started his financial services career in 1984 with Smith Barney Harris Upham and nine years later joined Johnson Lane, which was later acquired by Wachovia and subsequently became Wells Fargo. 

Simconis joined the Covington Financial Group as a consultant in 2013.

Sisk has several years' experience as a client associate in the financial services industry.

“Attracting a financial advisor like Preston, with his years of experience, outstanding reputation and credentials, is a testament to the broad range of support and resources he and his team will find here at Raymond James,” said Dick Ferguson, Southern divisional director for Raymond James Associates.

He added: “We could not be more pleased he chose to join us and take his practice to the next level.”