Barclays has lured away two advisors from J.P. Morgan Private Bank.
Josh Crossman and Ginny Neal joined Barclays Wealth and Investment Management's Palm Beach, Fla., office as directors and investment representatives for the firm's wealth and investment management division, according to a statement from the firm. They work with high-net-worth individuals and institutions, and will report to regional manager John Cregan.
A Barclays spokeswoman declined to comment on their AUM and production.
Crossman and Neal had been at J.P. Morgan since 2010, according to FINRA records. Prior to joining J.P. Morgan, Crossman served as chief investment officer at Frontline Management, a family office, according to a statement from Barclays. Neal previously served as general counsel for GenSpring Family Offices.
Barclays' wealth management division has 12 offices in the U.S.
J.P. Morgan has recently lost advisors to its wirehouse and regional rivals. One team with $972 million in assets and deposits left the firm for Wells Fargo Advisors, joining the wirehouse's Lexington, Ky., office a week ago. Last month Morgan Stanley enticed away a J.P. Morgan team managing $175 million in assets in Aventura, Fla.
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