November 7, 2018 – By Mason Braswell, RIABiz – Wells Fargo Advisors has convinced two teams from UBS Financial Services in Ohio cumulatively producing more than $7 million to join its private client group franchise, a retort to the heightened exodus of brokers it has been experiencing.
Moves in the News
While not all moves we have helped facilitate are mentioned in the media, here are some moves by financial advisors that did receive recognition.
October 11, 2018 – Mindy Diamond Mentioned – By Rita Raagas De Ramos, Financial Advisor IQ – Financial advisor Gary Hirschberg has left Goldman Sachs – where he was responsible for $1.4 billion in client assets – to launch his own independent practice, Aaron Wealth Advisors. Chicago-based Aaron Wealth Advisors, which will target high net worth investors and their families, is the 47th firm to join the RIA network of Dynasty Financial Partners.
June 11, 2018 – By Ravie Lakshmana, OnWallStreet – A former UBS team overseeing $340 million in client assets has joined independent firm Kestra Private Wealth Services, in what’s the latest move in a series of advisors departing the wirehouse for smaller, regional rivals.
May 17, 2018 – By Alex Padalka, Financial Advisor IQ – Ameriprise Financial has nabbed a veteran financial advisor from UBS Financial Services, according to a press release from Ameriprise.
Round Table Wealth Management Announces Appointment of Frederic Behrens, CFP®, JD as Director, Wealth Advisor
May 08, 2018 – News Provided ByRound Table Wealth Management, PR Newswire – Round Table Wealth Management, a global wealth and investment management firm headquartered in Westfield, NJ, today announced the hiring of Frederic A. Behrens, CFP®, JD as Director, Wealth Advisor.
April 25, 2018 – Wendy Leung, Moves in the News – By Amanda Schiavo, OnWallStreet – Last week, Stifel picked up an advisor managing nearly $300 million from Janney Montgomery Scott. The newest hires, advisors Ken Miller and husband-and-wife duo Tony and Bianca Urdes, joined the regional brokerage firm in Portland, Oregon. The team’s clients include early stage investors and ultrahigh-net-worth individuals.
March 7, 2018 – Debbie Wallen Mentioned – By Tobias Salinger, Financial Planning – Securities America nabbed two more practices from National Planning Holdings to bring its total haul from NPH to more than 215 advisors with $8 billion in client assets following the LPL Financial deal. A major hybrid RIA practice with Securities America also added a sole practitioner from LPL as part of three moves consisting of 20 advisors managing a combined $716 million, the firm announced this week. The suburban Omaha, Nebraska firm constitutes the ninth-largest independent broker-dealer.
January 18, 2018 – Cathy Nichols, Moves in the News – By Sean Allocca, Financial Planning – Focus Financial inked another big-figure deal after a blockbuster 2017 that netted more than two dozen RIAs, according to the firm. The Cornerstone Wealth Group, formerly with LPL Financial, advises on $1.3 billion in client assets and manages $800 million, according to CEO and managing partner Craig Rubrecht.
June 2, 2017 – Mindy Diamond Quoted – By Sarah Martinson, OnWallStreet – Despite a planned recruiting slowdown, Merrill Lynch continues to land new teams. The firm’s newest hires, who oversaw $1 billion team in client assets, come from rival UBS and follow on the heels of an equally large hire.
July 12, 2016 – By Andrew Welsch, OnWallStreet – A UBS team that managed about $150 million has gone independent with Raymond James, according to the firm. The newly independent firm, named Great Lakes Wealth, became affiliated with Raymond James Investment Advisors Division, which provides custodial and support services to RIAs.
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