A veteran advisor is joined Benjamin F. Edwards & Co. on Monday from Wells Fargo Advisors to open the independent broker-dealer and RIA’s 14th branch office and its first in the state of North Caroline.
The new branch is based in Highlands, N.C., which means Benjamin Edwards now has branch offices in eight states. As of Monday, the company also says it has 44 financial consultants and 134 employees.
Joining Benjamin Edwards is Steven R. Perry, who worked for A.G. Edwards and helped open an office for the firm in Montgomery, Ala., in 1980. In mid-2007, A.G. Edwards was bought by Wachovia Securities, which merged with Wells Fargo in late 2008.
“We are extremely pleased to bring aboard such an established industry veteran like Steve Perry to anchor our presence in Highlands,” said Benjamin (Tad) F. Edwards IV, chairman, CEO and president of Benjamin F. Edwards & Co., in a press release.
Tad Edwards formed the broker-dealer and RIA in ’08 and named it after his father, who was the long-term chairman of A.G. Edwards.
“We are thrilled to be a part of such an exciting and dynamic financial services organization,” said Perry, in a press release. “Not only does the firm offer a competitive assortment of financial services and products, but most importantly, the firm’s objective of providing clients with outstanding service and support, fits nicely with the approach I have relied on for 30 years.”
Benjamin F. Edwards, which is based in St. Louis, uses Pershing as its clearing firm.