Recent industry movement and recruitment activity.
Advisor Moves
Veteran UBS Manager Meraz to Exit in L.A., Firm Hires Vegas Duo from Merrill
UBS bids adieu to L.A. complex manager Ron Meraz and recruits junior brokers from Merrill Lynch in Las Vegas who had a $116 million book.
First Republic Nabs UBS Recruiting Head
Albert Leshinsky, who ran recruiting at UBS for the past two years, will oversee First Republic’s recruiting efforts on the East Coast, according to sources familiar with the move.
$2-Million Merrill Producer in L.A. Moves Mid-Crisis to Rockefeller
Move on Monday followed that of a 19-year Ameriprise veteran in San Diego on Friday to Wells Fargo.
Merrill Teams, Including One Led by 50-Year Vet, Change Jerseys
Rhode Island broker believes he can more easily transition his book to his son at Ameriprise, while colleagues in Alabama and California take Wells Fargo deals.
Back in the Game: Morgan Stanley Adds Brokers with More than $14 Mln
J.P. Morgan Securities trio in New York producing $9.5 million, $4.5 million Wells advisor in Pennsylvania and Merrill veteran in DC jumped last week amid market tumult.
Ameriprise Casts Lure Into Morgan Stanley, Wells Fargo, UBS
Wirehouse brokers in Atlanta, Connecticut and Massachusetts, each with more than $1 million of client accounts, joined Amerirprise’s employee channel on Valentine’s Day.
Indie-to-Indie: Cetera Scores $3-Million LPL Team in Arizona
Advisor undertakes the pain of repapering client accounts in return for his bet on stronger client-centric service and “pricing efficiencies” for his 12-member team.
After 52 Years at Merrill, Duo Producing $7.5 Million Goes Indie with RayJay
Virginia advisers with long Merrill lineage said they were managing $900 million of client assets.
Morgan Stanley Nabs $14-Mln UBS Trio, $2.9-Mln JPMorgan Duo
Paul Vigue, William Platt and Renato Reali, who joined forces at Smith Barney 19 years ago, rejoined Morgan Stanley in Manhattan Friday and Damion Carufe arrives in firm’s Palm Beach office after 31 years at J.P. Morgan/Bear Stearns.
Week’s Exodus at Merrill Yields Hires at RayJay, Rockefeller and Stifel
Advisors who managed about $1.1 billion left in the past seven days in California, Colorado and Illinois.
Wells Fargo Hired 370 Brokers with $268 Million in Revenue in 2019
The firm’s aggressive hiring continues with recruits from UBS, Citigroup, Edward Jones and PNC Investments in recent weeks.
