Recruiting is on a tear in early-'16, despite the choppy markets.

RBC Wealth Management said recently that it nabbed a $4.1 million advisor team in New York.

Scott Edwards and George Kursar, both managing directors, and Michael Occhiuto, senior vice president, all worked previously for Jefferies’ New York office and have joined RBC’s midtown-Manhattan office. Collectively, the three boast 30 years of Wall Street experience.

“We are thrilled to welcome Scott, George and Michael to the New York office of RBC Wealth Management,” said John Moran, director of the midtown complex, said in a statement. “They are an extremely well-respected team of advisors and bring a strong background of industry knowledge and client-first focus for family office, ultra-high-net-worth and institutional clients.”

Other recent moves in the industry include Wells Fargo Advisors’ (WFC) recruitment of three Morgan Stanley (MS) advisors.

Thomas Hofstetter and Daniel Baron joined WFA in Westport, Connecticut, where they will manage about $334 million combined in client assets. The two and their team report to Christopher Calabrese, Westport market manager.

In addition, Jeremy Burch has joined Wells Fargo Advisors’ Park Avenue branch in Manhattan, also from Morgan Stanley, where he managed more than $100 million in client assets. He reports to John McDermott, branch manager.

Raymond James & LPL News

Independent advisory firm New Day Solutions, based in Hampton, New Hampshire, has affiliated with Raymond James’ Investment Advisor Division (RJF). The seven-member team is led by Kathleen Thomas, director of portfolio services and lead wealth advisor, and includes Tammy Symons, director of advice services and wealth advisor.

The New Day team was formerly with Ameriprise Financial Services (AMP), where they managed more than $150 million in client assets.

In a statement, Thomas said of the move, “I looked at 10 firms initially, and with the help of a consultant narrowed it down to four, then one. I considered a variety of business models but wanted to remain independent, as after all, I’ve been an independent contractor for my entire career, so I did not need a firm to pay for my office or health insurance. I was ready to be an RIA and sit on the same side of the table as my clients.”

She added, “I think Raymond James is almost unique in that it offers its affiliated RIAs all the services of the very big firms—like trust and banking services as well as the latest technology—but with the personal touch and intimacy of a boutique firm.”

LPL Financial (LPLA) has announced that Spokane, Washington-based Hoyt, Lewis & Associates will provide fee-based services through Financial Advocates Investment Management, an independent RIA firm that uses LPL’s hybrid-RIA platform.

Jeremy Lewis, CEO and wealth advisor, and advisors Bradley Hoyt and Ben Kohls-Chase and their team were formerly with Waddell & Reed, where they managed $180 million in client assets.

Industry Appointments

Michael Delgass has been named CEO of New York City-based Sontag Advisory LLC, where he has been a managing director since 2005.

The Certified Financial Planner Board of Standards has named Mike Greene its new chair. Greene, who is senior vice president of financial planning and advisor business development at Ameriprise Financial, has served on the board since 2012.

The Investor Protection Trust, a national nonprofit for investor education, tapped Shonita Bossier, director of the securities division of the Kentucky Department of Financial Institutions, to serve as a trustee. Bossier has worked for the Commonwealth of Kentucky since May 2009, after working for 17 years in the banking field.

Read the Jan. 27 Recruiting Roundup at ThinkAdvisor.