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April 26, 2018 at 09:16 AM
RBC Wealth Management has welcomed Tim Garigan from Wells Fargo Advisors to its Tucson, Arizona, office. Garigan has 41 years of industry experience and about $225 million in client assets.
“RBC Wealth Management has a long-standing reputation for putting the needs of clients above all,” said Garigan, in a statement. “The firm’s unique culture, along with the financial stability of global leader RBC, make it a great place for us to continue to grow our business.”
“Our Tucson branch has welcomed five new advisors in the past five months,” explained Branch Director Richard Schaefer, in a statement. “He is incredibly respected in the Tucson area, and we look forward to him continuing to develop goals-based wealth management plans to help his clients meet their financial goals.”
The Bivona Consulting Group recently joined RBC’s Glastonbury, Connecticut, office. The team includes Joseph Bivona, Thomas J. Bivona and Robert R. Impelluso.
They manage roughly $925 million in client assets and join from Wells Fargo Advisors.
“We are thrilled to welcome Joe, Tom, Robert, Lori and Eileen to the Hartford complex,” said Aaron Scott, director of the Hartford complex, in a statement. “They are well-respected industry veterans who are known for putting the interests of clients ahead of their own and for their passion in helping transform the lives of their clients, as well as the institutions they serve.”
Merrill Departures
LPL Financial says Ric Kellogg has joined its broker-dealer platform and aligned with IHT Wealth Management, an independent advisory firm on LPL’s hybrid registered investment advisor platform. Kellogg has about $123 million of client brokerage and advisory assets.
According to FINRA BrokerCheck, Kellogg is based in Chicago and spent the past 12 years at Merrill Lynch. He has been in the industry since 1995.
D.A. Davidson says it opened a new wealth management office in Colorado Springs, Colorado, with five advisors from Merrill Lynch who work with about $380 million in client assets: the McCarty, Brown & Eden Financial Advisor Group, which includes Brandon Brown, Ky (Sterling) McCarty, John Eden, Sandra D’Angelo and Mike Zolcinski.
“We are pleased to strengthen our presence in this important market with a team that is both highly respected and experienced but that also has deep ties to the Colorado Springs community,” said Michael Purpura, president of D.A. Davidson Wealth Management, in a statement.
D.A. Davidson started its operation in Denver in 2004, when the firm opened an office that serves institutional clients with fixed income and equity capital markets services.
Meanwhile, First Republic Bank says it added a wealth team from Merrill Lynch in Boston.
The group includes the Jim Atwood, Jeff Atwood, Tom O’Brien, Julie Rousseau, McClane Cover, Brendan York and Zach Calahan.
“Jim and his team have a very successful track record of developing customized solutions for many clients with diverse needs,” said Bob Thornton, president of First Republic Private Wealth Management, in a statement.
Triad Advisors, part of Ladenburg Thalmann Financial Services, said it recruited Cirrus Wealth Management to join its broker-dealer and hybrid RIA custodial platforms.
Located in Cleveland, Cirrus Wealth Management has four advisors who work with about $325 million in total client assets. It was formerly affiliated with Royal Alliance, one of the Advisor Group broker-dealers.
“Triad is delighted Cirrus has chosen to join us, and we look forward to helping them reach the next stage in their growth,” said Chief Strategy Officer Nathan Stibbs, in a statement.
Kestra Developments
Questmont Stratgic Wealth Advisors is now working with Kestra Financial as its independent advisor platform.
Based in the Harrisburg, Pennsylvania, area and led by husband and wife team Taylor Ranker, CFS, and Sonya Ranker, CFP , CDFA, the advisors at Questmont oversee $420 million in assets; they formerly were affiliated with Royal Alliance.
“Our mission at Questmont is and always will be to efficiently and effectively protect and grow our clients’ wealth,” said Ranker, in a statement. “To do that, we knew we needed a dynamic partner whose culture of carefully chosen firms would align with our client-first mentality and whose offering — particularly in technology – would grow our business. From the start, we knew Kestra Financial would fit the bill.”
Kestra also recently hired Taylor Hammons as its vice president and head of Retirement Plans. Most recently, Hammons was director of Retirement Plan Consulting Services at Advisor Group.
“As our platform continues to grow, we have carved out a unique focus on retirement plans in an effort to support advisors within this specialization,” said Mark Schoenbeck, Kestra’s national sales director, in a statement. “Bringing Taylor on board is one of the many steps we are taking to further enhance our retirement plan services. We’re confident that Taylor’s expertise and experience will help us empower the success of retirement plan specialists.”
