Wells Fargo Advisors recruited an advisor generating $1.24 million in annual revenue for its wealth brokerage services division, a spokeswoman said.

Advisor Jeffrey Heimstaedt left Oppenheimer & Co., where he managed $113 million in assets. He started his career in 1981 with Merrill Lynch, according to FINRA records. Heimstaedt stayed with the wirehouse until 2008, when he moved to Oppenheimer.

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