Recent industry movement and recruitment activity.
Miami broker, whose Merrill career collapsed in August over alleged lobbying improprieties, affiliates with the New England-based private banking company.
Father-son group who were overseeing about $216 million had ties from their Ragen MacKenzie days to Stifel’s Seattle-area branch manager.
Private Wealth group advisors, led by a pair of 30-year Merrill veteran, are relocating to Palm Beach, Fla., from Chicago.
Brokers, who each have more than 30 years of industry experience, worked independently in a suburban St. Louis branch and are believed to have collectively produced about $5.5 million.
Finra statistical report says just 1% of the securities industry’s 630,000 registered representatives changed firms in 2018 compared to 4% in the prior year.
Colorado advisor forms an independent practice, along with his son, after 17 years at Edward Jones.
Three-broker Morgan Stanley team in Houston that produced $3 million joined Raymond James last week, while Merrill Lynch loses $675 million-asset-under-management team in Annapolis.