A new firm specializing in wirehouse breakaways made a billion dollar splash with its first hires.

FallLine Securities helped ex-UBS advisers Douglas John and Bryn Basiardanes-Talkington set up an independent practice in Dallas this week. John previously advised on $1 billion of client assets, according to a spokesman. Talkington served as a regional director at UBS Asset Management.

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