Raymond James & Associates has added a former UBS financial advisor with about $220 million in client assets to its employee advisor channel in Memphis, Tenn., the company announced today.

Mark Parker joins RJA’s Memphis Ridgeway office, which is managed by David Rains and is part of the Memphis complex. Joining him is senior financial planning consultant Ashley Towler. They operate as Parker Wealth Advisory of Raymond James.

Parker is a managing director with Raymond James and has been in the financial services industry for more than 25 years. According to BrokerCheck, he began his career at Raymond James in 1996 and moved to UBS in 2002.

Parker said having worked at Raymond James earlier in his career while with his father’s practice, he knows how much the firm truly puts clients first. “I’ve admired how the firm has continued to grow, introducing new resources and evolving the support for advisors based on clients’ changing needs and evolving industry trends. The technology, for example, really makes the complex simple—not only for me as an advisor but for my clients,” he said in a statement.

He added that  “I’m looking forward to leveraging the cutting-edge technology and other planning resources and growing my own practice here at Raymond James.”

Raymond James & Associates Inc. is a wholly owned subsidiary of Raymond James Financial Inc., which has approximately 8,200 financial advisors throughout the U.S., Canada and overseas, and a total of $945 billion in client assets.