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Recruiting Roundup: Ameriprise Picks Up 5 Reps

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Five advisors from the wirehouses and other firms joined Ameriprise over past few weeks with roughly $400 million in client assets.

In the independent channel, Scott Husnick joined in November from Raymond James (RJF) in Amery, Wisconsin, where he managed $143 million; Buzz Minton left LPL Financial (LPLA), also in November, joining Ameriprise in Altoona, Wisconsin, with about $72 million; and in the same month Frederic Woloshin in Conshohocken, Pennsylvania, left Janney Montgomery Scott to come on board, with roughly $71 million.

In October, Josh Shepherd, formerly of UBS (UBS), where he managed $68 million, joined the employee channel of Ameriprise, as did Gary Whittaker, formerly of Stifel Financial (SF) in Jacksonville, Florida, where he managed $61 million.

Meanwhile, Elliot Weissmark left Wells Fargo Advisors (WFC) to go to the employee channel of Raymond James in Weston, Florida. Weissmark manages $125 million in client assets and has about $1 million in yearly fees and commissions.

“I was drawn to Raymond James’ open architecture. The firm provides guidelines and support, but trusts its advisors to make decisions based on what’s best for their business and their clients,” the veteran advisor said in a statement.

Other News

Agecroft Partners has announced its acquisition of Alta Via Advisors, a New York-based third-party marketing boutique for hedge funds.

Alta Via Advisors’ client base will be migrated over to Agecroft Partners, and Andrew Feldman, Alta Via’s founding principal, will join Agecroft Partners’ team in a senior management role where he will be responsible for all European operations as well as parts of North American client coverage. In addition, he will be responsible for helping the firm with hedge fund due diligence, creating hedge fund industry research white papers and helping guide the overall vision of the firm.

— Check out the Nov. 24 Recruiting Roundup on ThinkAdvisor.