Wells Fargo Advisors has hired nine financial advisors from Morgan Stanley, Merrill Lynch and RBC Capital Markets with $1.12 billion in assets under management.
The largest team to join Wells Fargo by assetsthe Lyon Dobbyn Wealth Management Groupjoins the firm in California from Morgan Stanley. The team includes advisors John Lyon and Jeannette Dobbyn, who previously had $360 million in client assets under management. Their team, which reports to branch manager Alan Hall, also includes client associate Stacy Stryker. The team is in the process of relocating from Anaheim to Brea.
Also joining Wells Fargo from Morgan Stanley are advisors James Hunt in Chicago, Anthony Bavedas in Westport, Conn., and Brian Stahler in Wichita Falls, Texas.
Hunt previously oversaw $181 million in client assets at Morgan Stanley, and also manages $425 million in assets that are not custodied by the firm. He reports to Chicago complex manager Kevin Ortmeyer.
Bavedas had $109 million in client assets under management at Morgan Stanley and reports to northern Connecticut market manager Chris Calabrese. Stahler previously oversaw $108 million in client assets. He reports to branch manager Ralph Grantom.
Joining Wells Fargo from Merrill Lynch are advisors Philip Weber in Hyannis, Mass., and Bruce McMillan in San Francisco.
Weber previously managed $129 million in client assets and reports to branch manager Paul Stubbs. McMillan previously oversaw $105 million in client assets and reports to San Francisco Market Manager Kevin Kitchin.
Also joining Wells Fargo from RBC in Kansas City are financial advisors Peter Vrooman and Jonathan Sarver. They previously managed $125 million in client assets. Their team, which also includes registered client associate Jessica Estes-Fleischmann, reports to branch manager Erik Gaucher.