Wells Fargo Advisors lands $1B team

Four-adviser team have combined production of $5.8 million

Sep 30, 2013 @ 3:23 pm

By Trevor Hunnicutt

Wells Fargo Advisors LLC has landed a New York-area team of financial advisers who manage more than $1 billion in assets, a spokeswoman for the wirehouse said Monday.

The Alpert Group joined Wells Fargo in Woodbury, N.Y., on Sept. 27 after leaving Morgan Stanley Wealth Management. A Morgan Stanley spokeswoman confirmed their departure.

Alpert includes four advisers — Robert Alpert, Charles Ladenheim, Robert Fusaro and Michael Montuori — and five client associates who have combined production of $5.8 million. Mr. Alpert joined Morgan Stanley in 1983.


What do you think?

View comments

Recommended for you

Sponsored financial news

Featured video


Top questions surrounding future of DOL fiduciary rule

Reporter Greg Iacurci and managing editor Christina Nelson discuss the biggest uncertainties springing from the Fifth Circuit Court of Appeals' decision to vacate the regulation.

Latest news & opinion

Stocks plunge, advisers tell clients to hang tight

Though planners encourage calm, some are preparing investors for a correction.

Lightyear Capital's Donald Marron said to be in the hunt for Cetera Financial Group

The veteran brokerage executive, who bought Advisor Group in 2016, owned Cetera once before.

What to watch for next with the DOL fiduciary rule

Much hinges on whether the Labor Department appeals the 5th Circuit decision by April 30.

Social Security benefits losing buying power

Low inflation combined with rising Medicare costs threaten the adequacy of seniors' income.

Finra looks to streamline broker-dealer exams

CEO Robert Cook says three examination teams may be consolidated.


Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.


Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print