The group opened a new Raymond James office in Worcester, Mass. On the move were Stephen Erickson, Michael Martin, Scott Louder, Christopher Lussier, Diana Correa and Nancy Jones. Now operating as Elm Wealth Management, the team generated approximately $3 million in production while at UBS, according to Raymond James.
Source: UBS Loses $550M Team to Raymond James | IAG Breaking News
Morgan Stanley enticed away a team managing $1 billion in client assets from Citi Private Bank, according to a spokeswoman for the wirehouse.Advisors William Goettert and John Entenberg joined Morgan’s office in Boca Raton, Fla., where they report to Complex Manager Bert White. While at Citi, the duo generated $5 million in annual production.Goettert and Entenberg had been with Citi since 2010, according to FINRA BrokerCheck records. Prior to that they worked at Merrill Lynch.