Raymond James matches 12-year broker with Morgan Keegan sales associate to form new team while a trio with 67 years behind them at Advest and Wells joins RBC.
Tally of brokers who accelerated jumps from UBS under protection of Protocol includes a four-person team near Pittsburgh and an Oregon team that went independent.
Steve Bender leaves his former complex in North Carolina to oversee 15 western Pennsylvania advisors at Stifel, while RBC hires Timothy Woods in Des Moines after his 11 years with UBS.
Mary Sumners, 25-year veteran of Dain/RBC, takes reins of Wells Advisors’ northern region in Minneapolis, sources said.
Five wirehouse veterans who woke up on Thursday managing about $565 million at Morgan Stanley in New York, Texas and Illinois accelerated moves to Stifel and RBC so they wouldn’t have to worry about being sued by their former firm.
Newly aggressive U.S. brokerage unit of Canadian bank hires another big team from a wirehouse.
A wirehouse team in Florida joins the U.S. wealth unit of a Canadian bank while Sunshine State powerhouse Raymond James loses broker to a new Miami office of Pennsylvania regional Janney Montgomery Scott.
RBC and Baird score advisors from Merrill and Morgan Stanley, while RayJay signs up a $1.4-million producer from a bank-owned broker in New Orleans.