Barbara Herman Quoted
By Mason Braswell
Jefferies Group, which has been looking quietly to build out its wealth management operation over the past two years, scored a significant win last week with the addition of a former Morgan Stanley duo with around $1 billion in assets under management. presentation.
“Over the past couple years, they’ve really expanded their wealth management offerings,” said Barbara Herman of the adviser recruiting firm Diamond Consultants Inc. “It’s not a new firm, but it’s sort of been recreated in terms of wealth management.”