J.P. Morgan Securities recruited four Credit Suisse advisors who manage more than $1.3 billion in combined assets, a spokeswoman said.

They are among the latest advisors to leave Credit Suisse following the firm's announcement that it was leaving the U.S. wealth management market. The Swiss-based firm inked a deal with Wells Fargo, giving the wirehouse the inside track on recruiting its advisors. Yet many advisors are passing on the offer, opting to join rivals such as J.P. Morgan and UBS.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access