SEC’s Structured Products Chief to Exit
The SEC announced Tuesday that Kenneth Lench, chief of the Enforcement Division’s Structured and New Products Unit, will leave the agency for the private sector at the end of July.
Baird Grabs 7 Wells Fargo Advisors With $1.9B
The veteran reps come on board in Houston, where the employee-owned broker-dealer has launched a new retirement program.
Morgan Stanley Nabs Wells, UBS Reps
Meanwhile, Janney recruits a team from Stephens in Columbia, S.C.
BDs Share Latest FA
In early April, Baird said it recruited a team of seven employee advisors with about $770 million in client assets from Wells Fargo in Houston, while Royal Alliance announced that it added two independent teams in Chicago and Salt Lake City with combined assets of more than $400 million and...
Recruiting Roundup: Baird Grabs Wells FAs, UBS Branch Manager; Royal Adds 2 Indie Groups
The new Baird group has about $770 million in client assets, and the new Royal Alliance-affiliated reps have more than $400 million.
Top Posts at Broker-Dealers See Big Changes
LPL, Morgan Stanley and Raymond James all announced big moves recently.
LPL Branding Plan: A Work in Progress
The independent broker-dealer ends its CNBC campaign this week and refuses to elaborate on future plans.
Raymond James Names Campagnoli Chief of IT
The veteran tech expert will now lead tech operations across the financial-services firm.
New Hire Roundup: Putnam Names New GAA Leadership Team
This week in new hires, Putnam announced a new leadership team for its global asset allocation organization, and Steve Antonakes became acting deputy director of the Consumer Financial Protection Bureau.
Baird Hires Wells Fargo Recruiter
Peter Miller will lead the employee-owned group's efforts to add financial advisors in the Northeast.