Baird says it has added three advisors in New Jersey and Florida from Wells Fargo Advisors with close to $390 million in client assets.
The employee-owned wealth management firm, which is based in Milwaukee, says the three veteran reps have joined its Private Wealth Management group in Morristown, N.J., and West Palm Beach, Fla. Both locations are new office sites for Baird.
Coming on board in Florida are Keith Epstein, CFP, and Andrew Oremland, CFP. Epstein has 22 years in the business, while Oremland has 21. Together, they manage about $243 million in client assets.
Robert F. Brown of Morristown moves to Baird from WFA with about $146 million of assets. He has been an advisor for 27 years.
Overall, Baird works with roughly 875 advisors and about $115 billion of client assets.
In other employee-advisor news, RBC Wealth Management has added an advisor Tim McEwen, CFP, and his team from UBS with about $307 million in client assets and some $1.5 million in yearly fees and commissions.
The McEwen Group is based in Lincoln, Nebraska, where RBC currently has a branch. Overall, RBC Wealth has about 1,800 reps and close to $280 billion
LPL Financial-affiliated Retirement Benefits Group of Irvine, California, says advisor Phil Matheson, has joined it.
Matheson has 10 years of industry experience and has overseen the addition of over 90 plan clients when he was head of the retirement division at Centennial Group Benefits.
“I see myself as an extension to my clients’ HR teams,” Matheson said, in a statement. “I work with them to improve the performance of their plans through customized plan design ideas, fee benchmarking, industry benchmarking and creative education programs.”
Prior to Centennial Group, Matheson was with Wells Fargo Advisors and Wachovia Securities.
“In the new fiduciary environment, I expect that firms with the RBG business model, with its strong focus on retirement plans, will thrive,” he explained.
According to RBG Principal Michael Castner, Matheson—who holds the AIF, CRPC and CFP designations—will be “a great asset to our team, and we are excited to partner with someone of Phil’s caliber and experience.”