Rockefeller Capital Management
After 11 years at UBS and seven at Lehman Brothers, Michael Wallace joins Greg Fleming’s New York-based boutique as its second southern California broker.
Group is the 11th to join the upstart brokerage unit of the expanded family office firm led by Greg Fleming, and the tenth coming directly from a wirehouse.
Michael Siden, Clifford Fink and three associates who produce about $4 million annually are the second advisor team Greg Fleming’s firm has hired at Rockefeller’s New York headquarters.
Merrill pair in Silicon Valley and Wells team in San Francisco were each overseeing about $300 million of customer assets before moving on Friday.
RSA Group led by Neil Rubenstein and James Sandfort is first in Texas for Greg Fleming’s family office venture, comes same day as Merrill lost $736,000 producer in New York to Morgan Stanley.
Bruce Tenenbaum, who was overseeing some $1 billion in customer assets at UBS, is first broker hired by Greg Fleming’s firm on the West Coast.
Rockefeller names Matt Panarese to run Philadelphia wealth unit, while Wedbush replaces longtime brokerage head with Chris Mone, another former Wilmington Trust regional head.
Investment strategist is expected to provide research support to brokers Rockefeller hopes to hire from big-firm rivals.