Financial advisor Michael Borza has joined Raymond James & Associates, the firm’s employee advisor broker-dealer, headquartered in St. Petersburg, Fla., according to a news release.

Borza, senior vice president, investments, was formerly with Merrill Lynch, where he managed $190 million in client assets. He has over 30 years of experience in the financial services industry.

Borza and his team, including Senior Client Associate Angela Toney, will operate as Borza Wealth Management Group of Raymond James in the firm’s Virginia Beach office that branch manager Rob Krebs oversees.

Raymond James & Associates is a wholly owned subsidiary of Raymond James Financial, a diversified financial services company with $895 billion in client assets.