Recruiting continues to be on a roll in late 2016.

Ameriprise Financial says it has recruited 10 financial advisors with combined assets of about $1 billion from Morgan Stanley, Wells Fargo Advisors, RBC Wealth Management, Cetera Advisors and MSI Financial Services. At the same time, Raymond James Financial recently brought in advisors from Merrill Lynch and Wells Fargo with roughly $780 million in assets.

Joining Ameriprise, for instance, are Milwaukee-based advisors Mark Filla and Scott Latzke, formerly with Morgan Stanley, where they had some $344 million in assets.

“We chose Ameriprise because it provides our team with the capabilities and flexibility to deliver financial planning solutions that are tailored to our clients’ needs. As we explored our options, we recognized that Ameriprise is a great fit for advisors who are focused on growing their businesses,” the team said in a statement

Coming on board from Wells Fargo are Todd Darling in Middleton, Massachusetts; Scott Gongorek of Downers Grove, Illinois; Richard Dunagan of Austin, Texas; and Mathew Neely of Williamstown, Massachusetts.

“Advisors like what they see with Ameriprise,” said Manish Dave, senior vice president of business development, in a statement. “The continued movement of some of the best in the industry to our firm is a reflection of their enthusiasm and why they’re picking Ameriprise to help their practices grow and flourish into the future.”

Raymond James’ News

In Burlington, Vermont, advisors George Ewins, CPM, Richard Kowalski and Theresa Swett moved to Raymond James’ employee channel from Merrill Lynch with about $440 million and yearly fees and commissions of $1.8 million.

“This is a great business where we get to interact with and help exceptional people, and their families, who are doing great things,” said Ewins in a statement. “We are a part of their lives … [and] so when changes occurred that prevented us from doing our best work for clients, we chose not to accept the status quo.”

“Our clients include high net worth families, business owners and professionals, so we were very impressed with the breadth of investment research, the robust planning tools and the ability to offer our clients discretionary investment management and customized portfolios. We’re delighted to be here,” added Kowalski.

Ewins began his financial services career in 1993 when he joined Merrill Lynch. He later moved to Burlington and joined a practice led by his father, George D. Ewins Sr.

Kowalski started work as an advisor in 1986 with E.F. Hutton Investment Management in New York. He relocated to Merrill Lynch and Vermont in 1989 and moved to Merrill Lynch and the Ewins team in 1999.

Swett first joined Merrill Lynch in 1992 as a client associate and assistant branch administrator and graduated from the Merrill Lynch Professional Management Program in 2010, becoming a senior financial advisor. She became part of the Ewins’ team in 2012.

“We are delighted to welcome George, Rich, Terri and Faith to Raymond James,” according to according to Dominic Prioli, Great Lakes regional director for Raymond James & Associates. “Their extensive and varied experience as well as their commitment to a long-term, client-first approach makes them an exceptional addition to our firm.”

— Check out  Wells Fargo Teams Jump Ship on ThinkAdvisor.

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