Wells Fargo Advisors hired a father-son advisor team in Oak Brook, Ill. from UBS Financial Services. Robert Iorii, Sr. and Robert Iorii, Jr. , who joined on Oct. 14. Iorii Sr. oversaw $49.83 million in client assets and had $617,219 in annual fees and commissions. His son had $99.65 million in client assets under management and $1.26 million in annual production.
Wells Fargo has also hired Morgan Stanley Smith Barney advisor Joseph Jaworski in Melville, N.Y. He joined Wells Fargo on Oct.. 14. He oversaw $151.87 million in client assets. In addition, Jaworski had $1.04 million in annual fees and commissions.
Morgan Stanley Smith Barney hired Frank Roccisano from UBS to serve as complex manager in Kentucky and West Virginia. He previously served as a complex director in Kentucky for UBS. In his new role, he will supervise 100 advisors in offices including Charleston, Huntington and Parkersburg, all in West Virginia, as well as downtown and East Louisville and Lexington in Kentucky.
Robert W. Baird & Co. hired a two-member advisor team, Alexander S. Cushner and Russell P. Huebschle, to its San Francisco office from Credit Suisse Private Banking. Cushner managed $300 million in client assets and had $2.6 million in production, while Huebschle managed $140 million with production of $1.4 million.