Recent industry movement and recruitment activity.
Veteran of the biggest U.S. brokerage firm by advisors and offices joins a recently purchased regional wealth unit with 170 advisors.
Longtime Opco branch manager in Conn. joins Stifel after being replaced by former Stifel manager; three Los Angeles-area managers are out at J.P. Morgan and Wells.
A duo managing $190 million in West Palm Beach and an associate complex manager in Aventura bolt for the Florida-based broker-dealer’s employee channel.
Wells broker who took his Arkansas branch with him to open an independent practice at Raymond James Financial gave interviews to local press referencing his former firm.
After a long hiring freeze, the wirehouse on Friday signed teams with combined production of $8.8 million in Ohio, California and New York even as it lost a $3 million group in New York City to J.P. Morgan.
The departures in Missouri and Oregon on Friday add to steady drain of brokers from Wells over the past two years.
Industry veteran of 41 years says he had been frustrated by declining access to syndicate business.
Morgan Stanley poaches broker for its private wealth group at a time when it has been aggressive in defending its own territory from the competition.