Recent industry movement and recruitment activity.
Royal Bank of Canada nabbed two Minnesota teams from UBS with $854 million, and a third $429-million team from Wells, but one advisor was lured back.
Morgan Stanley Smith Barney “institutional consulting” veteran joins 70-employee, $2.5 billion AUM firm, Hamilton Capital, in Columbus, Ohio.
Brittany Boals Moeller takes reins of Atlanta from departing manager while Raymond James unit recruits a Bernstein broker in the Georgia capital.
Father-son team in Memphis psychologically sealed their move before last week’s merger announcement, say they have no regrets after reviewing retention deal.
Lead broker said he was frustrated with the growing influence of Bank of America on advisors’ practices and of dictates to focus on new business.
Two teams had managed a combined $373 million in assets.
Broker who moved with two Scottsdale teammates in late September rejoined his former firm after five weeks.
Sean Phillips, who began his career at Merrill Lynch and has managed Wells Fargo private client branches for the last three years, will continue to be based in Walnut Creek.
Lynn Faust, a South Carolina broker who lost her job after 30 years over concerns about UIT sales practices, moved to Stifel with her son on Friday.