Wells Fargo adds advisers managing $966M in assets

Five hires join from rival firms Morgan Stanley, UBS
SEP 05, 2013
Five financial advisers with a total of $966 million in assets under management have joined Wells Fargo Advisors' Private Client Group since July. The advisers joining Wells Fargo Advisors' stand-alone branches departed long-held positions at rival wirehouses UBS Wealth Management Americas and Morgan Stanley Wealth Management. Courtenay Hathcock, Frederick Rossetter and William “Bill” Black joined Wells Fargo's New York-Penn Center branch from UBS. The advisers have a combined 64 years of experience in the industry and $418 million in assets under management. They report to branch manager Ted Geller. (See also: InvestmentNews' Advisers on the move.) Lou Walsh joined the Jacksonville, Fla., branch from UBS. He has 17 years of experience in the industry and $287 million in assets under management. He reports to complex manager Joe Bruno. Eric Zakarin joined Wells Fargo at the Westfield, N.J., branch from Morgan Stanley. He has 26 years of experience in the industry and $261 million in assets under management. He reports to complex manager Bill Drake.

Latest News

Stocks rise ahead of packed week of earnings, data
Stocks rise ahead of packed week of earnings, data

Four of the Magnificent Seven will report this week.

Gold down more than 5% in less than a week
Gold down more than 5% in less than a week

Easing anxiety has seen the haven asset slide from record high.

Bond managers grapple with multiple unanswered questions
Bond managers grapple with multiple unanswered questions

Uncertainty remains challenging for Treasuries traders.

Consumers facing higher costs as Chinese firms pass on tariff burden
Consumers facing higher costs as Chinese firms pass on tariff burden

Move will raise concerns of inflationary impact of tariffs.

Americans earning under $200K could pay less tax, or perhaps nothing says Trump
Americans earning under $200K could pay less tax, or perhaps nothing says Trump

President says tariffs could see income tax ‘completely eliminated’ for some

SPONSORED Compliance in real time: Technology's expanding role in RIA oversight

RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.

SPONSORED Advisory firms confront crossroads amid historic wealth transfer

As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.