Three advisers who managed $290 million in combined client assets have joined Waddell & Reed, the firm said.

Advisers Lance Dahmer, Rosco Halsey and William Gustafson moved to the regional brokerage from three different firms over the last four months, according to Waddell & Reed.

Dahmer was previously with First Allied Securities in Libertyville, Ill., where he oversaw $107 million in client assets, the firm said. He moved to Waddell & Reed in July, and will continue to operate in Libertyville. Dahmer has 17 years of industry experience, FINRA BrokerCheck records show, and had worked for IDS Life Insurance, American Express Financial Advisors and Cambridge Investment.

Waddell & Reed recruited Halsey from Edward Jones, where he managed $105.8 million in client assets, according to the firm. He made the transition in May and is based in Leawood, Kan. Halsey has 17 years of industry experience, having spent his entire career with Edward Jones before the move.

Gustafson moved to Waddell & Reed in April from U.S. Bank, where he oversaw over $77.5 million in client assets, according to the firm. He is based in Billings, Mont. Gustafson is an industry veteran with 35 years of experience. He started his career with Lutheran Brotherhood Securities, and later moved to Princor Financial Services before joining U.S. Bank.

The Overland Park, Kan.-based Waddell & Reed reports it has nearly 1,800 advisers working in more than 160 offices. As of June 30, it had $86.5 billion in AUM, according to a spokeswoman.

Michelle Zhou

Michelle Zhou

Michelle Zhou is an editorial intern with SourceMedia's Investment Adviser Group.