Advisor moves: Raymond James welcomes UBS, Wells Fargo teams in bicoastal moves

Raymond James, UBS, and Wells Fargo have expanded their advisor ranks over the past week, announcing new additions in key US markets.

Raymond James adds employee advisors in California, New York

Raymond James welcomed two teams with significant client assets. In Pasadena, California, the Garcia Wealth Management Group joined Raymond James & Associates from UBS Financial Services, bringing nearly two hundred seventy million dollars in assets under management.

The group, led by Sanae Garcia, Brian Garcia and Dylan Garcia, serves a diverse client base including families, business owners and corporate retirement plans. The team is rounded out by client service associate Hana Garcia.

Sanae Garcia cited the firm’s planning capabilities and client-first culture as key factors in the move, while highlighting the firm’s steady leadership and innovative technology.”

In New York, Raymond James added Consiglio Mahan Wealth Management, a duo previously with Wells Fargo and managing over three hundred million dollars in assets. Katrina Consiglio and Kristen Mahan, along with practice business manager Julia Wittmann and client service associate Caroline Versaci, are now based in Latham.

Consiglio, who brings more than twenty-six years of industry experience, emphasized the importance of firm culture and flexibility. 

RJA's additions build on previous recruitments elsewhere at Raymond James, including a raft of advisors previously managing over a billion dollars at Ameriprise.

Wirehouse wins at UBS and Wells Fargo

UBS also made a notable addition in Boston last week, bringing on Christopher Brolly as a financial advisor. Brolly, who has more than fifteen years of experience advising high and ultra-high net worth clients, joins from Morgan Stanley.

In a statement, Robert Covino, Boston wealth management senior market director, “Christopher brings a wealth of experience and a devout commitment to client service with him to UBS. We are confident that his expertise will greatly benefit our clients and contribute to our continued success here in the greater Boston market.”

Meanwhile, Wells Fargo has added several advisors of its own in the Northeast. Anthony Chuck joined in Paramus, New Jersey from Morgan Stanley, managing over two hundred two million dollars in assets. Anirudh Sulibhavi arrived in Huntington, New York from Citigroup, overseeing one hundred fifteen million dollars.

In Peabody, Massachusetts, Douglas Glynn and Timothy Ginley joined from Commonwealth, which is soon to complete its integration into LPL. Glynn and Ginley jointly manage one hundred seventy-eight million dollars.

Barry Simmons, head of the Northeast division, said, “Our multi-channel optionality is one of the most compelling parts of our business model because we have a home for financial advisors no matter how they want to affiliate or structure their practices.”