Members of First Tech Federal Credit Union will have access to an extended lineup of investment and wealth management services thanks to a new partnership.

Addison Avenue Investment Services, the investment services program of $5.1 billion First Tech in Palo Alto, Calif., has partnered with Raymond James Financial Services Inc. to make it happen.

Launched in 1998 to serve the investment needs of Hewlett-Packard employees, AAIS has since grown to one of the largest credit union investment programs in the country with $2.2 billion in assets under management, 30 financial advisers and 38 branches in eight states.

“We have been talking with Raymond James for some time now and beyond the depth of resources and services they offer, I have been most impressed with their home office associates,” said Scott Jenner, AAIS president/CEO and program manager.

The St. Petersburg, Fla.-based Raymond James, which recently announced an agreement to acquire Morgan Keegan, a brokerage firm, has clients with a total of $270 billion in assets under management with $35 billion managed by the firm's asset management subsidiaries.

In 2010, First Tech and Addison Avenue Federal Credit Union in Beaverton, Ore., combined to create the industry's largest merger.