Wells Fargo recruited advisors managing $341 million in client assets from rival wirehouses, according to the firm.
Nick Borgfeldt joined Wells Fargo's offices in South Hills, Pa., while Larry Pulliam and Jeff Kerrigan joined in Greensboro, N.C.
Borgfeldt managed more than $176 million in assets at Morgan Stanley, which he joined in 2009. In his 37-year career, he made several stops, most notably at Merrill Lynch, Paine Webber, Lehman Brothers and Smith Barney, according to FINRA records.
Pulliam and Kerrigan managed $165 million in assets while at UBS.
Pulliam joined the wirehouse in 1994 from J.C. Bradford & Co., according to FINRA records. Kerrigan began his stint at UBS in 2008. The duo is joined by Pulliams son, Spencer, who will attend Wells Fargos next-gen training program in September.
Since June, Wells has added advisors with $1.7 billion in combined AUM from Morgan and Barclays. In that same time, however, it has lost several advisors managing close to $1.2 billion in assets to regional firms such as Raymond James and Ameriprise.
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