Updated Wednesday, August 27, 2014 as of 9:03 PM ET
Advisors on the Move: Wells Fargo Recruits Advisors With Over $500M AUM
The end of summer is approaching, but the recruiting wars are not slowing down. Wells Fargo advisors recently recruited advisors managing more than $500 million in assets while rival Raymond James reeled in a Merrill executive to oversee a new branch office.
More in Regionals
Raymond James recruited a former Merrill Lynch executive to head one its newest branch offices. more »
Q&A with Benjamin F. "Tad" Edwards IV, CEO and President of Benjamin F. Edwards & Co., on how he built up his firm to have 180 advisors in 24 states. more »
Regional firm Benjamin F. Edwards picked up a Wells Fargo advisor team. more »
A Raymond James advisor has left the firm to join U.S. Capital Advisors, a small regional wealth management firm experiencing rapid growth. more »
Federal Reserve Bank of Boston President Eric Rosengren said brokerage regulation needs a “major re-examination” to prevent funding shortfalls during a crisis and that brokers should have higher capital requirements. more »
A Merrill Lynch team managing $800 million in assets went over to HighTower, RBC recruited an advisor managing $245 million in assets and Wells Fargo scooped up advisors managing more than $700 million in assets. See the latest hires, moves and promotions among wirehouse advisors. more »
Stifel Nicolaus picked up a Baird advisor managing over $170 million in assets. more »
Ameriprise had a busy recruiting month in July, adding four advisors managing over $350 in assets to its franchise channel. more »
In an exclusive interview, Tash Elwyn, president of Raymond James & Associates, explains why the firm is enjoying recruiting success and where its future growth will come from. more »
Raymond James has picked up a UBS advisor team that had annual fees and commissions of about $1.9 million. more »
Wunderlich Securities picked up an advisor with $70 million in client assets from Raymond James & Associates. more »
Raymond James is launching a new education campaign to arm the firm's advisors with tools and techniques based on research from MIT's AgeLab. more »
As the firm pursues growth, Raymond James executives are striving to maintain its intimate feel and regional firm culture. more »
The August Issue is now online!


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