Wells Fargo Advisors Financial Network (FiNet) and Raymond James Financial Services (RJFS) have added three advisor teams between them across California and Washington, with more than $700 million in combined client assets moving to the two independent broker-dealer channels.
FiNet welcomed two teams to its independent affiliate TSG Wealth Management.
The Dunn Team, based in Fresno, California, is led by Lance Dunn, a certified financial planner and managing director, alongside his daughter Lexis Dunn, who holds the Accredited Asset Management Specialist designation and serves as vice president, and Karen Ursua, a senior client associate. The team manages more than $355 million in client assets.
In a separate move, Old Oak Partners affiliated with TSG Wealth Management in Chico, California. The team is led by managing directors Richard Wilson and Matt Holzwarth, along with client associate Cayden Hill. Old Oak Partners oversees approximately $190 million in assets.
Together, the two California teams managed roughly $545 million at their previous firm, Raymond James.
FiNet hailed a strong start to 2026 in a statement in May. The firm marked its 25th anniversary with what it called “one of its strongest recruiting runs since its inception.”
Having lost two teams to FiNet, Raymond James added a Wells Fargo alumni.
David Lazorik joins RJFS as branch manager in Yakima, Washington, operating as Lazorik Financial Management. At Wells Fargo he managed more than $160 million in client assets over a 35-year career in the financial services industry.
Lazorik specializes in serving business owners, foundations, endowments, nonprofits and retirees. He holds a bachelor's degree in political science and economics from the University of Montana.
"Raymond James aligns with the values-based foundation that has always guided the way I do business," Lazorik said. "The firm's leadership, business model and technology are oriented around the independence and resources necessary to provide dedicated, personalized guidance while continuing to prioritize what's best for my clients."
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