Baird says it has added three groups in Michigan with a total of six financial advisors and two associate advisors, as well as a duo in Arizona. Most of these new reps moved to Baird from Wells Fargo, though others joined from Morgan Stanley and another broker-dealer.
Two groups moving to Baird in Ann Arbor come from Wells Fargo: The Mathey-Mirabella Group includes John Mathey and Dan Mirabella; it has yearly fees and commissions of $1.5 million. The Olson Bellfi Pham Group encompasses Karla Olson-Bellfi, CFP; Thai-Vi Pham; and Omer Bellfi; it has about $1.6 million in annual production.
In Edina, Dobbin McCrea, Jr., and Kevin A. Rollwagen are part of a team that has yearly production of $1.7 million. They formerly worked for Morgan Stanley and are now working with Cassidy M. Burns, CFP, who used to be with IMST Distributors.
Meanwhile, coming on board in Tucson are advisors Irv Mindes and Bill Fedor, who oversee $360 million and $206 million in client assets respectively. Both used to be with Wells Fargo.
Baird’s Private Wealth Management business includes roughly 860 advisors working with client assets of $136 billion.
In other news, RBC Wealth Management has welcomed the Weissman & Dion Wealth Management Group to its West Palm Beach office, according to Kirstin Turner, director of the Florida complex. The team — formerly with Wells Fargo — plans to move into a new office in Boca Raton in the fall.
The Weissman & Dion Wealth Management Group manages about $600 million assets and includes Gary Weissman and Eric Dion, both of whom have roughly 30 years of industry experience.
“Gary, Eric and the team are well-respected in the area and are known for cultivating strong relationships with clients and for and developing and implementing goals-based wealth management strategies to meet clients’ individual needs,” said Turner in a statement.
In Spokane, Washington, three advisors joined the branch from Wells Fargo: Doug Dumais, a 35-year veteran; Kirt Fredericks, with 26 years of experience; and Kathy Hale, who has 16 years of experience.
As a group, they manage some $175 million in client assets.
“We are thrilled to welcome Doug, Kirt, Kathy, and Chris to our Spokane office,” explained Dan Ball, director of RBC’s Denver complex, in a statement. “They are well-respected in the area and known for working closely with their clients while developing comprehensive wealth management plans.”
Kestra Private Wealth Services says Liberty Wealth Solutions is now on its platform. The Paramus, New Jersey-based group is led by Steve Battel, Rob Yevchak, Bruce Battel and Nancy Hurst.
The team, previously affiliated with Wells Fargo Advisors, oversees $300 million in assets under management. They collectively have more than 134 years of industry experience.
“We’ve worked for years to develop and deepen our client relationships, even serving up to three generations of families, and believe moving toward independence will allow those relationships to grow,” said Battel in a statement.
“Partnering with Kestra … gives us the flexibility and resources to service our clients more effectively, allowing us to fully exercise our philosophy of putting our clients first,” he added.
“We have always been of the mindset that the top financial advisors deserve room to grow and evolve their businesses in the way they see fit to best serve their clients,” according to Rob Bartenstein, CEO of Kestra PWS.
Kestra is based in Austin and supports 1,800-plus advisors via its hybrid RIA Kestra PWS, as well as through Kestra Investment Services, Kestra Advisory Services, and Kestra Institutional Services.