Recent industry movement and recruitment activity.
Six-broker team is led by Sal Tiano, who has worked for almost three decades at J.P. Morgan and its Bear Stearns predecessor.
After 23 years at wirehouses, Jesse Rodriquez sets up his own advisory shop via Wells’ FiNet channel.
Michael Merlin, whose 11-person team reportedly produced around $10 million, left Friday after 21 years at Morgan Stanley and Smith Barney.
New advisor who worked with the upper stratum of Schwab clients is teaming with another broker in UBS’s Indianapolis branch.
Chairman’s Club broker in Minneapolis who was dismissed by RBC over non-sales-related concerns after 28 years with the firm joined Wells late last year.
Boca Raton team of Norm and Michael Robbins, top Summit producers, had worked with Summit founder Marshall Leeds for more than 20 years.
Four-advisor group in Bakersfield, Calif., stays independent with Ameriprise’s franchise division.
Five advisors left the Thundering Herd near Dallas on Tuesday after seven years for the “advisor-led” employee channel of Wells Fargo Advisors.
Greensboro duo believe their practice-acquisition and succession ambitions will be better met at Cetera’s Summit unit than at the much-larger LPL.