Members of First Tech Federal Credit Union will have access to an extendedlineup of investment and wealth management services thanks to a newpartnership.

Addison Avenue Investment Services, the investment servicesprogram of $5.1 billion First Tech in Palo Alto, Calif., haspartnered with Raymond James Financial Services Inc. to make ithappen.

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

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

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

In 2010, First Tech and Addison Avenue Federal Credit Union inBeaverton, Ore., combined to create the industry's largestmerger.