Breakaway Center
$6-Mln Merrill Team Breaks Away to Launch RIA in Pennsylvania
Eight-person group includes four advisors who had been managing $1.2 billion in client assets, according to an announcement on Tuesday.
Merrill Names Nevada Market Head, Loses Producing Manager in New Jersey
Didi Nicolas, a 27-year veteran hired from Morgan Stanley in 2018, was promoted to oversee Merrill Lynch’s Nevada market that includes around 150 brokers.
Merrill Loses $3-Mln Team to Rockefeller in CA, $2-Mln Group to Texas RIA
Group joining Rockefeller in Irvine had generated $3 million in revenue and follows Rockefeller’s hire last week of a $2.5 million Merrill team in Denver.
J.P. Morgan Chases Another Bank Broker Who Joined LPL
New Orleans-area advisor who was managing $145 million at a Chase branch allegedly violated employment agreements by soliciting former clients.
LPL Reels in UBS Pennsylvania Team with $245 Million Book
Wirehouse veterans broke away last week to launch their own practice, Washington Crossing Financial Group, named for the town where they are based.
Sanctuary Hires $435-Mln Merrill Team, Snowden Lures Another from Retirement
Independent broker-dealer Sanctuary has landed its 42nd team since its 2018 launch while Snowden says it wooed a former billion-dollar Merrill broker back to the business.
Merrill Loses $2.8-Mln Producer to UBS, $2-Mln Team to Independence
Advisors in Louisiana and New Jersey left Merrill after about two decades.
Wirehouse Advisors in Florida, L.A. Jump to ‘Boutiques’ Rockefeller, Alex. Brown
Broker with more than two decades of experience at Morgan Stanley joins Rockefeller’s fledgling Boca office and 39-year California advisor signs on with RayJay’s Alex. Brown.
Seven Questions with Tony Sirianni: Josh Rogers, Founder and CEO, Arete Wealth
The last few months have been unprecedented and unexpected, a perfect storm if you will, of management challenges both on…
Wells Broker Leaves for LPL, Sues to Fend Off TRO
Wirehouse veteran in San Diego preemptively asks court to prohibit Wells from suing him the same day he registers as an independent broker.
$20-Million UBS Team Jumps to Start RIA
A twelve-person “private wealth” group in Manhattan overseeing more than $4 billion for ultra-wealthy families join a firm affiliated with former private wealth executive John Straus.
