Advisor Moves

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Cresset adds two J.P. Morgan teams overseeing $5B
NEWS BROKER DEALERS APR 20, 2024
Cresset adds two J.P. Morgan teams overseeing $5B

The two groups were among several former First Republic teams whose exits from J.P. Morgan were announced Friday.

By InvestmentNews
UBS snags Morgan Stanley advisor in California
NEWS WIREHOUSES APR 19, 2024
UBS snags Morgan Stanley advisor in California

The latest hire at UBS boasts a bicoastal book, with clients across both Southern California and New York City.

By Leo Almazora
Citizens lands $5B team from JPMorgan
NEWS BROKER DEALERS APR 19, 2024
Citizens lands $5B team from JPMorgan

The firm's addition of the California-based team of 12 extends its ambitious push into the ultra-high-net-worth space.

By Leo Almazora
Merrill scores multibillion-dollar team from JPMorgan
NEWS BROKER DEALERS APR 19, 2024
Merrill scores multibillion-dollar team from JPMorgan

The firm is bolstering its presence in Florida by adding a 12-person group managing $3.5 billion in assets.

By Leo Almazora
Raymond James adds Indiana pair with $170M
NEWS BROKER DEALERS APR 19, 2024
Raymond James adds Indiana pair with $170M

The broker-dealer giant is expanding its independent advisor division with two advisors from PNC Investments.

By Leo Almazora
UBS swipes another advisor duo from Goldman Sachs
NEWS BROKER DEALERS APR 19, 2024
UBS swipes another advisor duo from Goldman Sachs

The wirehouse is expanding its presence in New York City as it adds another high-net-worth pair to its bench.

By Leo Almazora
Raymond James welcomes ex-Morgan Stanley advisor
NEWS ADVISOR MOVES APR 18, 2024
Raymond James welcomes ex-Morgan Stanley advisor

The California-based advisor caters to clients in the tech and biotechnology spaces.

By Leo Almazora
LPL signs $200M duo from Wells Fargo
NEWS BROKER DEALERS APR 18, 2024
LPL signs $200M duo from Wells Fargo

Based in Texas, the two are starting their own practice, with one advisor’s father joining the team.

By Leo Almazora
Ex-Raymond James advisor makes comeback at LPL
NEWS BROKER DEALERS APR 17, 2024
Ex-Raymond James advisor makes comeback at LPL

The three-decade veteran in Texas is returning to the broker-dealer giant’s network as he looks to solidify his succession planning.

By Leo Almazora
Advisor attrition dropping at Merrill Lynch
NEWS BROKER DEALERS APR 16, 2024
Advisor attrition dropping at Merrill Lynch

Although departures of financial advisors may have slowed at certain large firms, that doesn't mean the problem's been squelched.

By Bruce Kelly
Raymond James adds advisor from Wells Fargo
NEWS BROKER DEALERS APR 15, 2024
Raymond James adds advisor from Wells Fargo

South Florida-based advisor had been overseeing $105 million in client assets at Wells.

By InvestmentNews
LPL welcomes $170M veteran advisor
NEWS BROKER DEALERS APR 15, 2024
LPL welcomes $170M veteran advisor

The broker-dealer giant’s hire in North Carolina is the latest in a string of recruiting moves at Ameriprise’s expense.

By Leo Almazora
Dynasty Financial helps $550M Merrill team go independent
NEWS WIREHOUSES APR 15, 2024
Dynasty Financial helps $550M Merrill team go independent

Six advisors break away from the wirehouse to launch a firm in Alabama.

By Steve Randall
Stability, finally, at Wells Fargo Advisors?
NEWS BROKER DEALERS APR 12, 2024
Stability, finally, at Wells Fargo Advisors?

'We’re back to more normal, or maybe slightly below normal, attrition levels across the [financial advisor] business, which is good,' says CEO Charles Scharf.

By Bruce Kelly
UBS boosts its New York presence
NEWS BROKER DEALERS APR 12, 2024
UBS boosts its New York presence

The firm’s private wealth unit is welcoming a team of former Goldman Sachs advisors in the Big Apple.

By Leo Almazora
LPL lands $500M advisor team in Texas
NEWS BROKER DEALERS APR 11, 2024
LPL lands $500M advisor team in Texas

The move marks the third practice LPL has recruited from Ameriprise in roughly a week.

By Leo Almazora
Ameriprise picks up $2B credit union unit from LPL
NEWS BROKER DEALERS APR 11, 2024
Ameriprise picks up $2B credit union unit from LPL

The mover is the wealth management division of one of the largest US credit unions.

By Steve Randall
LPL's Atria deal poses complexities: Report
NEWS BROKER DEALERS APR 10, 2024
LPL's Atria deal poses complexities: Report

Atria's financial advisors might be getting M&A 'whiplash,' one recruiter notes.

By Bruce Kelly
LPL lands $300M team in Kentucky
NEWS BROKER DEALERS APR 10, 2024
LPL lands $300M team in Kentucky

The advisors from Ameriprise are joining the broker-dealer's network with their own independent practice in Louisville.

By Leo Almazora
Fortis Capital Advisors acquires Chicago-based father-daughter firm
NEWS RIAS APR 10, 2024
Fortis Capital Advisors acquires Chicago-based father-daughter firm

New addition expands the RIA firm’s national footprint.

By Steve Randall