J.P. Morgan Securities has recruited 10 advisors who managed more than $2 billion in assets, a spokeswoman said.
The firm lured away the recruits from several wealth management rivals, including Barclays, which lost 5 advisors. The defections from Barclays come as another blow to that firm, as well as Stifel, which recently announced a deal to acquire the British bank's U.S. wealth management operations.
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