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
Rockefeller Capital Management (“Rockefeller” or the “Firm”) today announced the addition of Knowlton, Knowlton, & Larsen: the firm’s first private wealth team to be headquartered in Boston, Massachusetts.
Financial advisors Mark Donohue and Gordon Sommer of The Donohue Group left Morgan Stanley May 14 to join the rebranded J.P. Morgan Securities unit led by Phil Sieg since his promotion last month. Sieg came to the firm last year after decades at Merrill Lynch. Donohue’s Palm Beach Gardens, Florida-based team managed $1.1 billion in assets and generated $6.4 million in trailing 12-month production at Morgan Stanley.
Source: $1.1B team drops Morgan Stanley for J.P. Morgan Advisors | Financial Planning