James Ducharme and Michael C. Rowland, who managed $194 million at UBS Financial Services, have joined the employee unit of Raymond James in Melbourne, Florida.
The duo were joined by three in staff.
Mr. Ducharme began his securities career at Dean Witter Reynolds in 1993 and joined UBS three years later.
Mr. Rowland began his financial services career at Raymond James in 2008 before joining a relative’s practice at UBS in 2010.
Elsewhere, Wells Fargo Advisors adds a $400 million Morgan Stanley veteran in Naples as an ex-Cetera advisor goes independent with LPL
According to a federal charges Bradley Heppner, 60, received more than $150 million in payments through funneling money from GWG Holdings to a shell company.
A $1B fund allegedly skimmed 30% off the top, then swapped cash for locked-up stock.
Insiders allegedly rewrote projections three times in four days.
TCI Wealth Advisors also has also tapped JIFFYAI to unify onboarding and servicing, while TradePMR adds ICE market data to its Fusion advisor platform
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
