The team, which is going by the name of Questar Capital, is led by 29-year brokers Gerry Spitzer and Richard Reyle, who had joined UBS in 2012 by way of Merrill Lynch, where they had started their careers, according to BrokerCheck. They moved Friday to Sanctuary with brokers Toby Sicango and Michael Stabinski, who had joined UBS in 2010 and 2013, respectively, and staffer Alex Davis.
Source: Two UBS Teams with $16.5 Million in Combined Revenue Break Away in NYC – AdvisorHub
Cheryl L. Young, whose team is based in Los Gatos, gave notice on Monday and is expected to officially join First Republic following a 90-day “garden leave” transition period that had been required by her employment agreements, the sources said. She had been generating around $17 million in annual revenue with a $2 billion book focused on wealthy Silicon Valley clients, according to two sources familiar with her practice.
Source: First Republic Signs $17-Million Mega Producer from Morgan Stanley in California – AdvisorHub
The latest addition is Ramsey, New Jersey-based Ramapo Wealth Advisors, which includes advisors James Sahagian, Peter Gordinier and David Puccia, according to Steward Partners. The team oversees $600 million in client assets, the company says.
Source: Financial Advisor IQ – Wells Loses $600M Team to Steward Partners in New Jersey
The six-person group, led by Stephen M. Stabile and Adam C. Hirsch, had generated $8.2 million in fees and commissions in the past year and managed around $1.8 billion in customer assets, according to two sources familiar with their practice. They moved along with four support staff, one of the sources said.
Source: First Republic Nets $8.2-Mln Merrill ‘Rising Star’ Duo in NYC – AdvisorHub
In the most recent move, a team that is led by Stephanie Turner joined Stifel in Waco, Texas. The group, which includes her husband, Robert E. Turner Jr., and advisor Marguerite Montgomery as well as client associate Shelly Hall, had overseen $900 million in customer assets and generated around $3 million in annual revenue, according to a Stifel spokesman.
Source: UBS Team with $3-Mln Shifts to Stifel, Another $3.9-Mln Group Joins RIA – AdvisorHub
Stifel, Nicolaus & Co. on Wednesday hired four brokers in New York City who had been managing $764 million in assets at UBS Wealth Management USA, according to an announcement from the St. Louis-based brokerage.
Source: UBS Brokers with $764-Mln Book Jump to Stifel, Duo Stays Behind – AdvisorHub
Matthew P. MacMichael, Sr., who had been leading Merrill’s five-office “Evergreen Market” from the wealthy Seattle enclave of Bellevue since April 2018, is teaming up with a former colleague, ex-Merrill superstar Phil Scott, according to three sources familiar with the move.
Source: Merrill Seattle Market Exec Returns to Production at First Republic – AdvisorHub
The five-person group is led by 16-year industry veteran Jannah Devine and 22-year industry vetern Stefan W. Oglevee, according to their BrokerCheck records. The two, along with Oglevee’s son, Stefan “Max” Oglevee, had generated $3.6 million in annual revenue on $550 million in client assets, the source said
Source: Rockefeller Nabs Another UBS Team, This Time a $3.6-Mln Group in CA – AdvisorHub