Waddell & Reed Lands 8 Advisors

Waddell & Reed swept up eight advisors who managed $278 million in combined client assets in its latest recruiting spree, according to the firm.

A team of four advisors made the move from MetLife and joined Waddell & Reed in Las Vegas. The team consists of advisors William Albin, Sean Dobranich, Taina Gude and Pawel Szott. They managed $82 million in client assets while at their previous firm, according to a Waddell & Reed spokeswoman.

Advisor Timothy Fast, a 30-year veteran, joined the firm from Securities America, according to BrokerCheck records. Prior to joining the firm last month, he managed $27 million in assets, according to a Waddell & Reed spokeswoman. Fast now operates in Wichita, Kans.

William Fay joined the firm from Edward Jones in May. He managed $32 million in assets before joining Waddell & Reed in Detroit. He started his career six years ago with UBS, according to BrokerCheck.

Last month, advisor James Phillips left Wells Fargo to join Waddell & Reed in Sherman Oaks, Calif. He managed $35 million in client assets while at the wirehouse. Phillips has been in the industry for 36 years.

Waddell & Reed recently recruited a J.P. Morgan Chase advisor who managed $102 million in assets. John Gordy joined Waddell & Reed in Edmond, Okla.

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