Advisors on the Move: Wells Fargo Picks Up Three Advisors With Almost $500 million AUM
March 20, 2014 4:40 PM
Advisors on the Move: Wells Fargo Picks Up Three Advisors With Almost $500 million AUM
Wells Fargo recruited three Morgan Stanley advisors with nearly $500 million in assets under management, and promoted two veteran employees to its executive team. Regional firm Janney Montgomery Scott lured away a Merrill Lynch advisor with $1 million in production. And Raymond James continues to poach talent from the wirehouses.
Click through to see all the recent advisors moves and promotions.
Click through to see all the recent advisors moves and promotions.
Wells Fargo Picks Up Three Advisors With Nearly $500M AUM
Three former-Morgan Stanley advisors with nearly $500 million in combined assets under management have joined Wells Fargo Advisors Westport, Conn. office.
The three advisors are veterans of the industry. Gary Parese and Tom Nolan each have about three decades of experience. Tom Nolan has twenty years of experience.
Market Manager Christopher Calabrese is the hiring manager.
The three advisors are veterans of the industry. Gary Parese and Tom Nolan each have about three decades of experience. Tom Nolan has twenty years of experience.
Market Manager Christopher Calabrese is the hiring manager.
Raymond James Lands Merrill Team With Almost $200 AUM
Raymond James bagged a Merrill Lynch advisor-team with almost $200 million in assets under management.
The former Merrill team, known as Astle Invesetment Managers, will join Raymond James at the firms new San Diego office, according to Kevin Monaco, branch manager. The team is a family affair, comprising Joanne Astle, her son Nick and husband Mike, and also Sarah Wilfbank, the teams senior registered sales assistant.
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Image: Bottom row: Joanne Astle, Sarah Wiltbank; Top row: Mike Astle, Nick Astle
The former Merrill team, known as Astle Invesetment Managers, will join Raymond James at the firms new San Diego office, according to Kevin Monaco, branch manager. The team is a family affair, comprising Joanne Astle, her son Nick and husband Mike, and also Sarah Wilfbank, the teams senior registered sales assistant.
Read the full story
Image: Bottom row: Joanne Astle, Sarah Wiltbank; Top row: Mike Astle, Nick Astle
RBC Appoints Leader for International Wealth-USA Unit
RBC Wealth Management named Mary Sumners as head of International Wealth-USA. As the units leader, Sumners will oversee management products, services and advice to domestic and international high-net-worth clients from Latin America and the Caribbean.
Read the full story here
Image: Mary Sumners
Read the full story here
Image: Mary Sumners
Wells Fargo Names Manager of Chardon, Ohio Office
Wells Fargo Advisors appointed Susan Paolo branch manager of the firms Chardon, Ohio office.
Paolo has 25 years of experience in the financial services industry, and has worked at Wells Fargo since 2012. She is a trustee of Geuga County United Way. Paolo is a graduate of Hiram College and holds a masters of business administration from Lake Erie College.
Image: Susan Paolo
Paolo has 25 years of experience in the financial services industry, and has worked at Wells Fargo since 2012. She is a trustee of Geuga County United Way. Paolo is a graduate of Hiram College and holds a masters of business administration from Lake Erie College.
Image: Susan Paolo
Raymond James Grabs Morgan Stanley Team With More Than $1.3M Production
Raymond James recruited an advisor-team from Morgan Stanley with more than $1.3 million in production.
The Boggs Huffman Wealth Management Group, comprised of advisors David Huffman and Aimee Boggs, will join Raymond James office in Ponte Vedra Beach, Fla. The team managed more than $180 million in assets under management while at Morgan Stanley.
Read the full story here
The Boggs Huffman Wealth Management Group, comprised of advisors David Huffman and Aimee Boggs, will join Raymond James office in Ponte Vedra Beach, Fla. The team managed more than $180 million in assets under management while at Morgan Stanley.
Read the full story here
Baird Picks Up RBC Branch Manager for Its San Francisco Office
Francis Roche is joining Baird as branch manager for the firms San Francisco office.
Roche, previously with RBC Wealth Management, will oversee 11 employees in his new role. While at RBC, he was a complex manager for San Francisco and Northern California. He is a graduate of Tulane University.
Image: Francis Roche
Roche, previously with RBC Wealth Management, will oversee 11 employees in his new role. While at RBC, he was a complex manager for San Francisco and Northern California. He is a graduate of Tulane University.
Image: Francis Roche
Wells Fargo Adds to Its Executive Team
Wells Fargo is promoting two executives, Bob Vorlop and Joe Nadreau, to its executive team. Both will serve in newly created roles.
Vorlop has been named head of Products and Advice, and Nadreau will lead Innovation and Business Strategy, according to Mary Mack, president of Wells Fargo Advisors.
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Image: Bob Vorlop and Joe Nadreau
Vorlop has been named head of Products and Advice, and Nadreau will lead Innovation and Business Strategy, according to Mary Mack, president of Wells Fargo Advisors.
Read the full story here
Image: Bob Vorlop and Joe Nadreau
Janney Lands Veteran Merrill Advisor
Financial advisor Martin Lutschaunig, a CFP and CRPC, has left Merrill Lynch to join Janney Montgomery Scotts Yardley, Penn. office.
Lutschaunig, a $1 million a year producer and 21-year industry veteran, managed around $250 million assets while at Merrill. Joining him at Janney will be senior registered private client assistant Patricia Coluccio.
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Image: Martin Lutschaunig and Patricia Coluccio
Lutschaunig, a $1 million a year producer and 21-year industry veteran, managed around $250 million assets while at Merrill. Joining him at Janney will be senior registered private client assistant Patricia Coluccio.
Read the full story here
Image: Martin Lutschaunig and Patricia Coluccio
Advisor-Brothers With $210 AUM Leave Merrill for Raymond James
Advisors Nick Salvetti, CFP, CRPC, and A.J. Salvetti, CFP, CRPC, along with senior client services associate Patti Pedrucci, will join Raymond James Financial Services, the firms independent broker/dealer.
The team operates as the Salvetti Group Family Wealth Advisors, with offices in Stockton and Sacramento, Calif. The Salvetti brothers come from Merrill Lynch where they had $1.1 million in production and almost $210 million in client assets.
Read the full story here
The team operates as the Salvetti Group Family Wealth Advisors, with offices in Stockton and Sacramento, Calif. The Salvetti brothers come from Merrill Lynch where they had $1.1 million in production and almost $210 million in client assets.
Read the full story here
