Barclays, Morgan Stanley, Raymond James Grab Reps From Rivals
The movement involves advisors with more than $15.6 billion in client assets under management and $36 million in yearly fees & commissions.
Wirehouses, Others Actively Attract Reps
In the final months of 2012, the wirehouse firms continued to recruit advisors from each other and from other broker-dealers.
Barclays Recruits 18 Advisors; Morgan Stanley Adds 1; LPL Group Brings on Wells Team
The new Barclays advisors come from many wirehouse and other firms with close to $40 million in yearly fees and commissions, as well as about $9.4 billion in assets.
Recruiting Activity Gathering Steam As FAs Embrace Wide Range of Options
Many brokers continued to move between the wirehouses in the late summer and early fall.
Morgan Stanley Loses Two Teams, Ex-NFL Player to Barclays, Ameriprise
The New York group includes ex-Jets receiver Wayne Chrebet, while the New Haven team moves with close to $1 million in production.
Morgan Stanley Grabs Merrill, UBS Reps; Raymond James Snags MSSB Team
Meanwhile, Wells Fargo adds advisors from Edward Jones, Merrill Lynch and other firms, and Barclays recruits several advisors from Deutsche Bank and Merrill.
Barclays Adds 2 Ex-Morgan Stanley Advisors in LA
The boutique firm has added eight advisors to the branch—with $2.7 million in assets and about $32 million in trailing-12-month production—in the last six months.
Barclays Wealth Grabs 8 FAs From Wells, Morgan, Goldman
The reps will work in the Los Angeles and Chicago offices after moving over from Credit Suisse, Goldman Sachs, Morgan Stanley and Wells Fargo.
New Hire Roundup: Dubois and Wassmann Join LPL; Jenks Goes to Putnam; Adams to EBRI
This week in new hires, Dubois and Wassmann join LPL; Stephen Jenks went to Putnam Investments; Nevin Adams joined EBRI; Donald L. McDonald became CEO at Prime Advisors; HighTower brought in Ann Rieder; and Barclays added 6 new advisors.
Barclays Adds 6 Advisors, 2 From BofA
Barclays Wealth said Friday that it recently hired six advisors, including one from Merrill Lynch and one from BofA-U.S. Trust in New York, Boston, Dallas and Miami.