$4.5 Billion Team Jumps to Morgan Stanley in Latest Hiring Coup | On Wall Street

Morgan Stanley has grabbed its second multi-billion-dollar team from Merrill Lynch in less than a month.Morgan lured the Brice Group with $4.5 billion in assets away from Merrill, according to a released statement. The Brice Group, based in Birmingham, Mich., and helmed by brothers Brian P. Brice and Timothy M. Brice

via $4.5 Billion Team Jumps to Morgan Stanley in Latest Hiring Coup | On Wall Street.

RBC Wealth Management Snags Merrill Lynch Advisor | On Wall Street

RBC Wealth Management has hired Merrill Lynch veteran Charles “Chip” Pisoni Jr. as a senior vice president and financial advisor in its Scottsdale, Ariz., office.He brings assets under management of more than $250 million and $1.5 million in production, according to RBC Wealth Management.

via RBC Wealth Management Snags Merrill Lynch Advisor | On Wall Street.

Advisors Managing $600M in Assets Join Ameriprise | On Wall Street

Raymond James advisor Steven Jacobson also moved to Ameriprise, joining the firm in New Orleans. Jacobson managed $124 million in assets while at Raymond James, according to a statement from Ameriprise. He is a 22-year industry veteran, according to the records. Prior to Raymond James, Jacobson worked at UBS and Smith Barney.Former wirehouse advisor Ron Camisasca signed on with Ameriprise in Clearwater, Fla., outside of Tampa. Camisasca previously served at Morgan Stanley where he managed $96 million in assets. He started his career in 1982 at Merrill Lynch, according to FINRA records. He later worked at Lehman Brothers and Wachovia, and joined Morgan Stanley in 2005.

via Advisors Managing $600M in Assets Join Ameriprise | On Wall Street.

Morgan Stanley Recruits Billion-Dollar Advisor Team | On Wall Street

Morgan Stanley has recruited advisors managing nearly $1.3 billion in assets.In the larger of two moves, a team that managed $1.1 billion left Merrill Lynch to join Morgan.The team, comprised of advisors Michael Torpey and Charles Malamut, joined Morgan’s Northfield, N.J., office. The two advisors will report to Chris Shaw, Southern New Jersey complex manager at Morgan Stanley, according to a statement from the firm.Torpey and Malamut had a combined annual production of about $3.5 million.

via Morgan Stanley Recruits Billion-Dollar Advisor Team | On Wall Street.

Wells Fargo Advisor With $115M in AUM Joins Raymond James | On Wall Street

Raymond James recruited a Wells Fargo advisor managing $115 million in assets, according to the firm.

Advisor Robert Clayson generated $800,000 in annual revenue while at Wells. He and senior registered client service associate Carolyne Wabuyele joined the Wellesley Hills, Mass., office of Raymond James & Associates, the traditional employee broker-dealer arm of Raymond James. Wellesley Hills is a suburb of Boston.

via Wells Fargo Advisor With $115M in AUM Joins Raymond James | On Wall Street.

Merrill Lynch Advisor Team Managing $440M Moves to HighTower | On Wall Street

A Merrill Lynch advisor team managing $440 million in assets has left the wirehouse to join HighTower.William Wolf and Ethan Collins moved from Newark, N.J., to Red Bank, to join HighTower’s Parternship, the firm’s employee channel model. This the 46th team to join the partnership, which is one of three options that advisors have when choosing to join the firm.Wolf joined Merrill in 1998, and has 20-years in the industry, according to FINRA records. Collins joined the wirehouse in 2001. He previously served in the U.S. Army, according to a statement from HighTower.

via Merrill Lynch Advisor Team Managing $440M Moves to HighTower | On Wall Street.