Charlie Eldemire leaves RBC in Houston to run his hometown Dallas RayJay branch, while Cathy Galgano shifts from Chicago suburb to run MS complex on Park Avenue.
Miami broker helped his father-in-law execute a $200 million fraud that earlier led Raymond James to more than $165 million of regulatory settlements.
Another team leaves the ex-Protocol wirehouse for the Florida-based regional, carefully coached on how to move within the bounds of its members’ employment contracts.
$2-million West Coast team joins Stifel, Charlotte advisor working with $150 million of client money goes to Baird, California A.G. veterans sign up with RayJay, and manager who had worked in Tennessee hangs up his spurs.
The company reported a 16% sequential decline due in part to costs associated with business development, including “significant” recruiting and retention costs, as well as litigation.
Manhattan team led by partners who have worked together for 30 years joins Raymond James while another East Coast veteran heads to Morgan Stanley.
Tim Sheridan replaces a short-lived Steward Partners manager who boomeranged back to Wells Fargo after a few weeks.