Sid Grant, a former Wells Fargo advisor, has launched a new branch through Raymond James Financial Services (RJFS)—the firm’s independent advisor channel in Abilene, Texas, according to a release from the company.

Grant, who was the managing director at Wells Fargo Advisors in Abilene, where he worked for more than 20 years, previously managed more than $230 million in client assets, the release said.

“It’s so exciting to be opening this branch. The freedom offered from the independent channel and the flexibility to run my business how I see fit is a dream come true,” Grant said in a statement. "I’m confident my move to Raymond James is the right one and I’m excited to leverage the firm’s resources and support as I continue to serve and strengthen my relationships with my clients.”

Raymond James Financial Services is a wholly owned subsidiary of Raymond James Financial, Inc., which has about 8,100 financial advisors throughout the U.S., Canada and overseas, and a total of $858 billion in client assets.