RDH Investment Group LLC, a Spokane Valley financial management firm, has changed its securities-brokerage affiliation and now is an independent branch of St. Petersburg, Fla.-based Raymond James Financial Services Inc.

The branch, which formerly was affiliated with Great Falls Mont.-based securities broker D.A. Davidson & Co., occupies 2,000 square feet of office space in the River View Corporate Center, at 16201 E. Indiana, says Blair Roland, an adviser and principal in RDH Investment Group.

The firm says it chose Raymond James because of its expertise in 401(k) services, and its equity research, marketing support, and technology platform.

The other advisers and principals are Roland's father and branch manager R.C. Roland, brother Chad Roland, Gary Douvia, and Clarke Henley. They had worked as employees of D.A. Davidson for an average of 11 years before forming RDH Investment Group last year.

Together, the advisers manage more than $460 million in client assets and produce more than $2.8 million annually in fees and commissions, Roland says.

The RDH Investment Group staff includes three other employees.

Douvia and Henley also have opened a satellite office in Colville and split time between that office and the Spokane Valley office, Roland says.