Recent industry movement and recruitment activity.
$2-million West Coast team joins Stifel, Charlotte advisor working with $150 million of client money goes to Baird, California A.G. veterans sign up with RayJay, and manager who had worked in Tennessee hangs up his spurs.
After recruiting a Tennessee broker with $900 million in client assets in June, it brings over his former branch manager to help expand the RBC office.
Opens RIA firm with six Wells colleagues who had managed $800 million in assets, according to a regulatory filing.
As a team producing $7 million leaves for independence, the Thundering Herd licks wounds by welcoming back an analyst who had bolted in April with a monster PBIG team.
Beantown broker had spent all of his 26-year career with Merrill and had over $4 million in production.
Broker joined Wells’ private client group after working at Morgan Stanley and its Smith Barney predecessor for the past 13 years.
Plano advisor joins the slim ranks of wirehouse veterans swimming upstream to join Wells in recent months.
Luis Valdez, a $1.7-million producer, moves across the street in Westlake Village after 26 years at his former firm.
In his mid-70s, the ex-Lehman and Bear Stearns fixed-income specialist is starting an investment fund, leaving his book with family members.