Recent industry movement and recruitment activity.
UBS team with combined 77 years of experience switches to Beantown outpost of Chicago-based firm.
Marquee advisor whose “consulting group” network oversees some $4 billion leaves with four others to form RIA after 24 years with Morgan Stanley.
New Jersey group with four advisors and $628 million in assets moves to cross-town rival.
Wells reportedly pressured Bison Financial to leave, but permitted two of the Indiana-based firm’s eight offices to remain.
A group with $3 billion in client assets joins in Chicago and a $1 billion-asset duo jumps in New York as Merrill turns off the spigot on big bonuses.
Justin Ferdula, who had been in charge of Morgan Stanley’s Rockefeller Center branch, will now oversee six RBC wealth branches in Chicago.
Wirehouse asks court for restraining order against a producing manager and partner who allegedly contributed 40% of their former branch’s production.
Hires Boston team with $5.5 million of production from Morgan Stanley a week after picking off a New York City branch manager from the firm and a month after hiring a veteran Merrill broker.
A 16-year veteran in New Jersey was “permitted to resign” earlier this month and a legacy Smith Barney manager in Manhattan jumped to RBC this week.
A Long Island duo with 73 years jointly at Merrill Lynch jumps to rival, while Morgan Stanley’s biggest team by advisory assets in Utah goes independent.