Barry Sommers

Barry Sommers, a legacy Bear Stearns executive, named to oversee the bank’s three wealth channels.

After a garden leave, the former head of sales at the Swiss bank’s now-defunct U.S. broker takes strategy reins at scandal-rattled banking giant.
Little Rock

Sowell Management Services to pick up 120 advisors with $1.5 billion in AUM.
Wells Fargo

Merrill Lynch also nabbed a $1.8-million Morgan Stanley producer in Florida.

As anticipated, the Fed remained ‘on hold’ regarding interest rates, switching investor focus to the election.
The Week a Facebook Status Became Solicitation

Most-viewed stories on AdvisorHub 9/18 to 9/24.
What Recruiting Chill? UBS Hires Big Producer in Southern California

JP Morgan Securities loses Jay Baumgardner in Newport Beach, at least the fourth multi-million-dollar producer to leave its L.A. complex this year.




Recruiting Wire

Latest Advisor Moves. View full list and rankings

Name New Firm AUM
Larry Natale, Mark Johnson & Dino Johnson Steward Partners $160M
Brad Weinman Merrill Lynch $240M
Michael Dechiario, Thomas Charmley, Thomas Soden, Dean Vetsikas and Stacy Robinson Wells Fargo $600M
Rajeev Dhillon & Joseph Lesko Wells Fargo Finet $253M
Michael Dadko Janney Montgomery Scott $112M