An advisor team managing $200 million in assets has left Wells Fargo to join Steward Partners, an independent firm founded a year ago by former wirehouse managers.Advisors Jim Fowkes and Ben Plata joined Steward’s Washington D.C. office, where the firm is based. In the past 13 months Steward Partners have recruited advisors managing $1.8 billion in assets.Fowkes and Plata generated $1.6 million in revenue while at Wells Fargo. Fowkes says they made the move in part because they felt that the leadership at the wirehouse was too distant and that a smaller firm would be more responsive.

via Steward Partners Grabs $1.6M Wells Fargo Team | On Wall Street.