Summer has been a busy recruitment season for Wells Fargo -- and it's not over yet.
The wirehouse recruited four advisors managing about $450 million in assets last week. Wells Fargo has already recruited about a dozen advisors this summer who managed more than $1.5 billion in assets
Among the new recruits, Wells Fargo picked up advisors Steven Lundgren and Phillip Hurner on July 18. Lundgren and Hurner will join Wells at its Walnut Creek, Calif., office. The team comes off of nine years at Morgan Stanley, where they managed a combined $214 million in client assets.
Senior team member Hurner has 26 years of experience in the securities industry. Prior to his time at Morgan Stanley, the veteran worked at Citigroup and Merrill Lynch. Lundgren has 19 years of experience in the field. The team will be joined by registered representative and client associate Trena Coffee.
Former Morgan advsiors Larry Rudolph and Stanley Levine will sign on at Wells Fargo's Short Hills, N.J., office as the Rudolph Levine Financial Group. They will be joined by senior registered client associate Paulo Gaspar. The team managed $235 million in client assets while at Morgan.
Rudolph has 29 years of experience, and did stints at Citigroup, UBS and Merrill. Levine, a 25-year veteran, also joined Morgan from Citigroup.
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