NewEdge Wealth adds Nashville team from UBS
By Faye Kilborn, Citywire – James Nichols and his team had been affiliated with UBS for a decade.
By Faye Kilborn, Citywire – James Nichols and his team had been affiliated with UBS for a decade.
After a decade at UBS, James Nichols joined NewEdge Wealth in Nashville, bringing more than $350mm in client assets. Guided by Diamond Consultants, he selected an RIA partner offering the flexibility, sophisticated resources, and ownership opportunities to support the next chapter of his business.
Two advisors managing a combined $325mm in client assets chose LPL Financial through OSJ partners, seeking the freedom of business ownership without building entirely alone. Guided by Diamond Consultants, Les Smith and Rick Batey found a path that balanced independence, support, and growth.
Former Merrill advisor John Durham launched Valen Private Capital with Sanctuary Wealth after 21 years at the firm. Guided by Diamond Consultants, he pursued greater flexibility, ownership, and a family office model designed for long-term growth and legacy building.
Three multi-million-dollar, top-producing advisor teams left UBS in recent weeks, driven by similar themes of growth, flexibility, and long-term alignment. Their moves reflect how advisors are evaluating their futures through a much broader and more strategic lens.
By Andrew Welsch, Barrons – the wealth management unit of Bank of America hired three former UBS advisors: Robert Procaccianti, Jared Tack, and Doug Bennet. The trio signed on with Merrill in Providence, R.I.
The wealth management team led by Robert Procaccianti, Jared Tack, and Doug Bennet has joined Merrill in Providence, Rhode Island, bringing $800mm+ in client assets from UBS.
WealthManagement.com – RBC expands into Louisiana with a five-person team based in New Orleans. The move adds to a recent spate of attrition for UBS.
AdvisorHub – RBC Wealth Management-U.S. has drawn another billion-dollar team from UBS Wealth Management USA, according to an announcement on Monday.
Barron’s – BC Wealth Management has launched its first expansion into Louisiana, opening a branch in New Orleans for Heller Stieffel & Noto Wealth Management’s five-person financial advisory team.