Recent industry movement and recruitment activity.
Advisor Moves
Lifelong Merrill Advisor and Manager Leaves for Stifel
Ryan Schack, who was with Merrill in Ohio and Florida for 19 years, will oversee three Sunshine State offices at Stifel.
Merrill Michigan Team Producing $4 Mln Joins Raymond James
Team of four advisors is led by 27-year industry veteran who had worked at the Bank of America company for almost 12 years.
Morgan Stanley Loses Million-Dollar Brokers in Missouri and Texas
Brother-and-sister team producing $1.5 million join Wells Fargo’s private client group in Springfield, Mo., while a top-ranked woman advisor switched to Ameriprise’s employee channel in Austin.
UBS Brokers Reunite at Baird with Teammate Discharged over Client Mailing
Four brokers had worked together at UBS and predecessor firms before one was discharged from UBS in February over allegations of an unapproved mailing to clients.
$21-Mln Team of Goldman Lifers Leave for UBS in Dallas
Three brokers who spent their careers at Goldman and manage about $6.6 billion for some 50 families are moving to a UBS office in the same building, following garden leave.
Baird Claims Retention Victory as Hilliard Deal Closes
Milwaukee-based firm has signed the “overwhelming majority” of Kentucky-based Hilliard’s brokers, bringing its sales force to about 1,300 in 34 states.
Merrill Deploys Complex Heads in New York and Florida to New Roles
In shifting Albany market executive Jennifer MacPhee to monitor its training program and Jacksonville market chief Tony Kurlas to manage community markets, Merrill has opened more holes in its branch-management network.
UBS Adds Advisors with Combined $8 Million Production
After years of pulling its recruiting horns, UBS landed three advisor groups in Texas, California, and Ohio in March.
Merrill Fills Southern California Complex
Moves San Diego manager to broader role overseeing Orange County branches after promoting its former head to run Texas region.
Merrill Vets in Seattle and New Orleans Join Raymond James
Washington State manager Timothy Burnett is at least the third wirehouse complex manager to have joined Raymond James’s employee channel in the past two months.
Ameriprise Adds Wells Broker, Waddell Manager Leaves for RIA
Broker in Atlanta managed $222 million for Wells customers before jumping to Ameriprise while a Waddell’s Washington State manager joins an independent advisory firm.