After two rounds of careful due diligence, UBS advisory team Roy Gutierrez and son David came to the conclusion that both of their futures, their clients, and their business could be better served in independence.
By Jake Martin, AdvisorHub – A four-advisor Citi Private Bank team managing $1 billion in client assets in Connecticut and New York has decamped for Merrill Lynch, according to a source familiar with the move.
By Victoria Zhuang, FinancialPlanning.com – Financial advisors looking to go independent usually spend anywhere from a few months to a year planning their move. For one father-son team leaving UBS, it’s been a nearly decade-long process.
By Ali Hibbs, WealthManagement.com – A father-son team overseeing nearly a billion in assets at UBS has jumped ship to establish an independent practice with help from TruClarity Management Solutions, a consulting firm and service provider for breakaway advisors establishing independent wealth management practices.
Independence answered this pair’s requirement to gain freedom, control and ownership over their business with the benefit of a turnkey start-up and support—allowing them to focus on serving their high net worth clients, including professional athletes and coaches.
With Kestra Private Wealth Services (PWS), Matt West and David Combs found a team of people with the experience and expertise to help them break away from the wirehouse space and successfully assist the team in launching Canton Wealth Partners in Roswell, GA
By AdvisorHub Staff, AdvisorHub – Indianapolis-based independent broker-dealer Sanctuary Wealth has added its first team in Wisconsin with the hire of a Merrill Lynch team that had managed around $400 million in assets.
By Nick Godt, FinancialAdvisor IQ – Sanctuary Nabs Merrill Vet to Head Quorum NY Office
By Alex Padalka, FinancialAdvisor IQ – Kestra Private Wealth Services says it has nabbed a team of Merrill Lynch financial advisors.
By Jake Martin and Mason Braswell, AdvisorHub – First Republic Bank’s private wealth division on Friday pulled from Merrill Lynch a five-person team overseeing $900 million in client assets in New York City and another Merrill broker in Washington D.C. with $230 million in assets.
