The latest team to bust UBS’s June and challenge the retention project is led by Ronald Kikawa, a managing director who had been with UBS since 2007. Along with senior vice presidents Karen K.Y. Yasukawa, Gregg Matsuura, Wesley K. Yamamoto and six other teammates, the group generated more than $5 million in production on client assets “in excess of $3.5 billion,” according to Raymond James. More than half of those assets were held outside of UBS, said a person familiar with their business.

Source: June Busts UBS Wealth Balloon as Another Multi-Million-Dollar Team Jumps – AdvisorHub

Raymond James recruited a Wells Fargo team that managed $500 million in client assets and generated more than $2.5 million in annual revenue, according to a spokeswoman.

Source: $500M Wells Fargo team moves to Raymond James’ indie side | Financial Planning

The Chicago advisors, F. Michael Covey III, Thomas Kane and Mark Wiktor, joined Merrill after producing roughly $10.8 million in annual revenue, according to two sources familiar with the move. The three, all of whom are Lehman Brothers veterans, had been with UBS since 2007, according to their Financial Industry BrokerCheck reports. They were part of UBS’ private wealth unit and join Merrill’s Private Banking and Investment Group, which works with clients who generally have around $10 million or more in as

Source: With Clock Ticking on New Hires, Merrill Lands Jumbo UBS Teams – AdvisorHub