Recruiting continues to be on a roll in '16.

Wells Fargo Advisors (WFC) said it added a team from Morgan Stanley (MS) with combined assets of over $600 million, while Merrill Lynch (BAC) attracted an advisor from the same rival with about $240 million.

The news Wells reps are Michael Dechiario, who will be based in Radnor, Pennsylvania, Thomas Charmley and Thomas Soden of San Rafael, California, and Dean Vetsikas and Stacy Robinson of Philadelphia.

Meanwhile, Merrill Lynch Global Wealth Management hired Brad Weinman from Morgan Stanley in West Palm Beach. Last year, Weinman generated revenues of $1.8 million and advised clients on assets of $240 million. He has been in the business for 32 years.

“After meeting with other firms and conducting months of due diligence, Brad ultimately chose the combination of Bank of America and Merrill Lynch, noting that our goals-based wealth management process and deep platform distinguishes us from other firms,” Daniel Markow, market executive for Merrill in Palm Beach, in a statement.

Deutsche News

Deutsche Bank Wealth Management says it has welcomed Jake Block to San Francisco, where he joined the team responsible for growing the firm’s private bank business in the region. Block joins as director and reports to Russell Daulton, San Francisco market manager.

Block was formerly at BNY Mellon Wealth Management, where he was a senior wealth director; earlier he was an executive director at Nomura Securities International.

MV Financial, an asset management firm that services retirement plans and high-net-worth families, has appointed Chris Schaefer to head its retirement-plan practice group, a newly created position. Schaefer has been with MV Financial for 14 years.

The retirement practice that Schaefer will oversee serves 401(k), 403(b), 457(b) and defined benefit plans in the private and non-profit sectors, with clients who work for government contractors, professional-services firms, non-profit organizations and trade associations in the Mid-Atlantic region and Washington, D.C. area.

Read the Sept. 22 Recruiting Roundup at ThinkAdvisor.