The 10-person Chicagoland team had been managing $1.2 billion in assets, according to an announcement.
Brokers who had spent a combined 65 years at Morgan Stanley and predecessor firms in Philadelphia gravitated to an independent broker and advisory firm in New Jersey managed by their former complex head.
Princeton-based broker with $1.5 million in production joins LPL affiliate after two decades with UBS.
Broker with $200 million in assets leaves Commonwealth Financial to join advisory firm run by former Morgan Stanley manager.
Duo in New Jersey were managing $350 million at the wirehouse where they worked for a decade.
New Jersey-based Gladstone Wealth Group, which has been recruiting wirehouse managers in an effort to quickly expand its franchise, signs up 21-year industry veteran.