A Morgan Stanley branch manager, told by his mother to do his best before her passing, works to inspire others in wealth management to do the same.
The new recruits had an annual production of $2 million.
The new exec will help the bank's wealth management business groups work together to bring in more business.
The couple had nearly $1.7 million in annual production while at Edward Jones.
Recruits leave the wirehouse for the independent side at Wells Fargo.
Julz Burgess will provide strategic direction and focus on business development, client service and retention.
Recruits who generated $4.5 million make the move between wirehouses.
The advisors left UBS and Huntington Investment for the Wells Fargo Advisors Financial Network.
Julie Shafer joined the bank's Wealth Management Group as head of the planned Strategic Philanthropy and Purpose Investing offering.
The former Northern Trust duo had annual production of $2 million at the time they made the move.
The new recruits join Dynasty's newly formed Summit Trail Advisors and are the latest to leave the British bank's wealth management unit before its merger with Stifel.
New Wells Fargo recruits have a combined 55 years of experience.
The Swiss-owned wirehouse said it recruited three Morgan Stanley advisors who generated more than $3 million in annual revenue.
Noyes makes a new addition in an effort to grow the firm's network of financial advisors.
The regional brokerage lured away three recruits from rivals Wells Fargo and Raymond James.
Morgan Stanley advisors managing $2 billion in assets joined UBS. But the wirehouse wasn't the only winner last month in the competition for top talent. See this move and more in our latest recruiting roundup.
The wirehouse recruited a Morgan Stanley team that generated $10 million in annual revenue.
The bank's newest executive comes from Allianz Life Insurance and will oversee more than 300 professionals that support fiduciary needs across Wells Fargo.
The 25-year veteran will fill a newly created position overseeing trading activity for the firm's wealth management and capital markets business.
Eric Sanderson joined the bank from Ascent Private Capital Management, the ultrahigh-net-worth business of U.S. Bank.
Recruits with a combined $3.3M in production leave Morgan Stanley and Ameriprise, bound for the Swiss-owned brokerage.
A Hilliard Lyons wealth manager goes the route of independence after spending than a decade in the employee channel.
A team managing over $200 million is the second move this month between the two wirehouses.
A former Wells Fargo FiNet affiliate has signed on with Raymond James' independent broker-dealer.
XYPN co-founder Alan Moore moves his RIA to Abacus Wealth Partners as part of the deal.
While the group moves between wirehouses, Morgan picks up more recruits from Barclays.
Barclays advisors overseeing $3 billion recently went independent with Dynasty. But that wasn't the only big move; Merrill recruited multiple teams managing more than $2.5 billion. See these and other moves in our latest roundup.
A one-time investment specialist interacts with enough advisors to make the switch to branch management.
Senior advisors say they've discovered they can be the best recruiters for landing a younger partner, and one who might one day inherit their business.
Advisors keep slipping away from the regional brokerage while it waits to merge its operations with Stifel.
Three wirehouse advisors switch to the super regional's employee channel.
The regional brokerage picked up eight advisors for their employee and independent channels.
The group is the latest to defect from the British bank's wealth operation before its impending sale to Stifel.
Two former employee advisors with $240M in AUM join independent firm.
A recruit from the banking channel at Wells Fargo moves to the regional's independent broker-dealer.
Growth remains sluggish at the firm's wealth unit for another quarter.
UBS lost a two-decade veteran to rival Merrill Lynch.
For the third time in the past year, the wirehouse discharged a long-time advisor with a big book of business, this time alleging "inappropriate workplace behavior."
The departure comes as the British firm prepares to transition its advisors over to Stifel, which is acquiring Barclays wealth management operations.
David Darnell, a 35-year-veteran of the bank, will leave at yearend in another round of executive changes for the bank owner of Merrill Lynch.
Morgan Stanley, Merrill Lynch and other firms have been benefiting from defections from Barclays. But those firms werent the only winners in the competition for top talent. See these moves and more in our latest recruiting roundup.
Established wirehouse advisors have more choices than ever before, but these mistakes can abort potentially lucrative new relationships before they even get off the ground.
The wirehouse picked up three advisors from rivals Morgan Stanley and UBS.
James Simons, who founded Renaissance Technologies, hired Ashvin Chhabra to run his family office, leading to a shift in executive roles at Bank of America Merrill Lynch.
Will the trickle of advisors leaving Barclays for rival firms turn into a flood?
The advisor managed nearly half a billion dollars in client assets while at Barclays.
With the addition of the new recruits, Faubourg Private Wealth Advisors now has seven former J.P. Morgan advisors.
The move represents HighTower's eighth transition this year and its 14th office on the West Coast.
Two UBS advisors left the Swiss-owned wirehouse to rejoin Merrill Lynch.
Wells Fargos independent channel lands four recruits, including a husband-and-wife team.
Independent broker dealer Securities America picked up an independent RIA with $6.5 million in production from LPL.
The regional broker picked up a recruit from J.P. Morgan.
The wirehouse picks up recruits from rivals Morgan Stanley, Merrill Lynch and regional brokerage Janney Montgomery Scott.
A five-member group leaves the wirehouse for the super regional's employee channel.
More than 20 advisors managing nearly $3 billion in assets joined Merrill Lynch in June. One team had more than $750 million in AUM. But the wirehouse wasn't the only winner last month in the competition for top talent. See these moves and more in our latest recruiting roundup.
A recruit who worked with $658 million in client assets moves between the wirehouses.
The wirehouse lured away a team that managed $750 million from Barclays, which recently announced a deal to sell its U.S. wealth management division to Stifel.
Two veteran advisors went independent with Dynasty, dwarfing the firm's previous recruits.
The bank's former head of branch banking and private banking now directs private wealth management, wealth planning, and trust and estate services as well as UnionBanc Investment Services and HighMark Capital Management.
Merrill Lynch lured back three advisors after seven years with rival UBS.
"LPL is a different place than when we started there 11 years ago," says CBD Wealth Management partner Robert Comeaux, Jr.
Pablo Sanchez will lead the bank's U.S. retail banking and wealth management business and have oversight responsibility for the same business in Canada. He joined HSBC from J.P. Morgan Chase.
Two advisors left the wirehouse to join the large regional brokerage, representing the latest in a recent string of mega teams that have switched firms.
Two brothers working for Merrill Lynch, where they had overseen $620 million in client assets before making the move, join the rival wirehouse.
Two recruits joined the regional brokerage from rivals Merrill Lynch and Wye Financial & Trust.
The bank's U.S. brokerage unit which focuses on ultrahigh-net-worth clients snags a new branch manager.
The three advisors all joined the super-regional firm from Janney Montgomery Scott.
More than two-thirds of brokerage and RIA executives say there aren't enough young advisors to go around, according to a Fidelity survey.
The wirehouse pulled in recruits from rival firms UBS, Morgan Stanley, J.P. Morgan and Barclays.
The new recruits had a combined $277M in client assets before making the move to the firm's employee and independent channels.
Firms seeking to cut a deal, whether buying or selling, need to understand these key considerations.
Aggressive transition packages, expiring contracts and deals adding up to a 400% payout for some advisors are helping wealth management firms recruit new teams.
The Bank of America unit for ultrahigh-net-worth clients hired a 20-year industry veteran to oversee a key team of advisors.
The regional firm landed six advisors from Wells Fargo that collectively generated $5.44 million in annual revenue before making the move.
Eric Goodbar joined BNY Mellon Wealth Management as a managing director and will be responsible for ultrahigh-net-worth families throughout the Western region.
Big producers are increasingly breaking recruitment records. Here's the latest, so far.
A group of independent financial advisors has moved to LPLs corporate RIA custodial platform.
The team generated nearly $4 million in annual revenues while at Morgan Stanley and joined Raymond James' employee channel.
The newly formed team joins the Wells Fargo Advisor Financial Network with over 65 years of combined experience.
The regional firm landed a group that managed about $400 million in client assets before the move.
The regional firm landed an advisor with more than three decades of experience.
Broker-dealers have recently recruited several large teams, including the wealth unit at Deutsche Bank and Raymond James, which set a firm record landing a $2.4 billion group. But they weren't the only winners in the competition for top talent.
The regional brokerage hired two new executives and promoted a third in a bid to provide more planning support to the firm's advisors.
The firm's recruiting win mirrors similar pickups of billion-dollar teams by rivals Merrill Lynch and Raymond James.
The Braddock Group left the independent broker-dealer for the regional.
The regional broker-dealer lured away the wealth managers from Wells Fargo.
The group left Morgan Stanley and represents the biggest recruiting grab in the super regional's history.
Two advisors who oversaw $300 million in assets at UBS have left to join Merrill Lynch.
A team formerly with Lincoln Financial Advisors will join an LPL-affiliated hybrid RIA.
Newly appointed CFO has 18 years of industry experience; replaces Dan Arnold.
After more than two decades on the institutional side, financial advisor Catherine Miller talks about transitioning to wealth management
The top lawyer of Goldman Sachs Groups asset management unit is leaving the bank to become the top aide to U.S. Securities and Exchange Commission Chair Mary Jo White, the agency said Wednesday.
The wirehouse advisor moved to the independent channel at Wells Fargo.
One of the recruits oversaw nearly $210 million in AUM and had $1 million in annual production before making the move.
According to a survey of these elite leaders, wealth managers are leaving for more intimate work environments, and more will be making a move.
Johnny Dawson explains how the values he learned while serving his country guide the way he serves clients today.
Wealth management firms are fighting negative perceptions to recruit college students and other millennials to the business.
The industry takes on the challenge of mentoring young recruits by focusing on the senior wealth managers who guide them.
Summit Financial, based in Westlake Village, Calif., is a primarily fee-based RIA offering clients investment management, insurance and retirement planning, says Triad, which offers advisory firms both a broker-dealer and a fee-based RIA multi-custodial platform.
A group with $4 million in production moved between the wirehouses, saying it wanted access to the banking and lending capabilities at Bank of America.
The former Southwest Securities team had overseen $225 million in assets at the time of their departure.
Three bank breakaways join two former colleagues who started the independent firm Standard Investment Advisors last year.
A former H. Beck advisor joins Securities America after 27 years with the firm to explore some of the industry's latest technological advances.
King Financial Network president says the team went private for better accessibility and technology.
Advisors with 25 years of combined experience leave the wirehouse for the broker-dealer's private client group.
A team with more than 35 years of combined industry experience leaves the wirehouse for the regional broker-dealer.
Impressed by LPL's size and scale, Faubourg Private Wealth Advisors also liked the idea of working with super-OSJ Level Four for additional flexibility, the firms' investment models and multi-custodian platform.
Daniel Gallagher is resigning his post as a Republican member of the U.S. Securities and Exchange Commission after four years, a time marked by partisan battles over the regulatory response to the 2008 financial crisis.
Four advisors made the move between the wirehouses.
Looking for a new home for your practice? Here's what you need to consider.
The regional broker-dealer landed a former business director from Lifetime Financial Growth, who also worked for Merrill Lynch and Lehman brothers.
Two advisors that produced $2.15 million in annual revenue joined Raymond James Financial Services, the firm's independent broker-dealer.
M&A deals pit rapacious firm founders against undervalued junior associates, reducing planners to "idiots" and "pubescent teenagers," new report says.
The head of UBS' Client Advisory Group Bob Mulholland is set to retire, and will be replaced by fellow executive Brian Hull according to an internal UBS memo.
Two other groups that managed more than $300 million also move to the wirehouse.
New hires join the firm's employee and independent channels.
The trio collectively supervised about 200 advisors who oversaw more than $17 billion in client assets for UBS and Wells Fargo.
Morgan CFO Ruth Porat was eligible for $14.1 million in unvested restricted stock and $13.8 million in total deferred compensation as of the end of 2014.
Sage Private Wealth recruits an advisor with about $1.3 million in annual revenue -- and a family resemblance.
Management is pushing advisors new directions, implementing more behavioral bonuses and restricting payouts on small household accounts.
Two wirehouse advisors who oversaw $140 million in assets joined the super regional's employee advisory ranks.
Steven Franke was the top program manager in our inaugural list in 2008. Moving to Allegacy Credit Union last year, hes instilling winning strategies again with his new team.
The recruit oversaw $160 million in client assets while at Merrill, according to a UBS spokesman.
The group was responsible for about $425 million in client assets.
Recruits from Edward Jones, Morgan Stanley and Barclays leave for the wirehouse.
The wirehouse picked up the Blaustein Clancy Financial Group in New York.
One of the advisors managed about $200 million in client assets while working for the wirehouse. The other joins a $500 million team at Janney, the firm said.
Three advisors left the wirehouse to join the independent brokerage network at Wells Fargo.
The move marks HighTower's fifth recruiting grab this year, totaling about $2 billion in client assets.
Three wirehouse advisors joined RBC to open a new branch office.
Quartet of advisors with $175M in AUM joins Raymond James' independent operation.
The firm picked up three recruits from the wirehouse and New York brokerage.
The rollup's focus on "financial life management" and strong technology offering played roles in the deal, says United Capital Senior VP Matt Brinker.
The giant IBD is focused on recruiting more than acquisitions, says new president Dan Arnold.
The wirehouse recruited three advisors from rivals Merrill Lynch and UBS.
The wirehouse lost the team to HighTower, and a former Wedbush executive jumped to a $2.6 billion RIA. See these and other moves in our latest recruiting roundup.
A Charles Schwab advisor left the firm where he managed about $350 million in client assets, according to a firm spokesman.
The wirehouse welcomed back Michael Casey after a stint at Morgan Stanley.
The bank hired a chief investment officer to oversee asset management and promoted an executive to lead Regions Institutional Services.
A former RBC team that had over $1.25 million in combined production has joined Janney Montgomery Scott.
"Insurance and risk management services are an important aspect of our strategic plan to broaden the scope of services that we offer to our wealth, business and consumer clients," said Frank Leto, Bryn Mawr's president and CEO.
HMN Financial in Rochester, Minn., has agreed to buy certain assets and liabilities of Kasson State Bank.
HighTower adds a group led by one of On Wall Street's Top 40 Advisors Under 40.
A 33-year industry veteran heads the three-member group.
A father-and-son team from Janney Montgomery Scott joined the wirehouse.
John Horner will succeed Craig Delany, who announced his retirement last month.
The wirehouse landed five recruits from Stifel, Morgan Stanley and RBC.
Raymond James added a Wells Fargo advisor who managed $175 million in client assets.
The pace of RIA dealmaking has leveled off over the last few years, with no increase in the number of deals over the previous year and aggregate AUM acquired ticking up only slightly to $47.4B from $43.7B, according to new data from Schwab Advisor Services.
Long, who oversaw 400 advisors at Wedbush, parted ways with the firm earlier this month.