A former advisor with Raymond James Financial Services was kicked out of the industry for life for allegedly stealing nearly $1 million from a 95-year-old client, according to a FINRA filing this week.

FINRA alleges that Jo Ellen Fisher, a financial advisor registered with Raymond James in Gallipolis, Ohio, transferred securities and funds worth over $924,000 from the client's trust account to her daughter's brokerage account, and then used the funds to renovate and pay the mortgage on her home and buy big-ticket items, including a truck, three cars and expensive watches and jewelry.

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