Subscribe

Wells Fargo Advisors snags $345M Citigroup team

Pedro Nieves, a top Citigroup adviser, and his team recently left the firm and joined the New York office of Wells Fargo Advisors.

Pedro Nieves, a top Citigroup adviser, and his team recently left the firm and joined the New York office of Wells Fargo Advisors.

The group generated more than $3.2 million in annual production and manages $345 million in client assets, according to Teresa Dougherty, a spokeswoman with Wells Fargo Advisors LLC.

Mr. Nieves joined the St. Louis-based unit of Wells Fargo & Co. on Aug. 11. He was with New York-based Citigroup Inc.’s international personal banking group for 10 years, according to Natalie Riper, a Citigroup spokeswoman, who confirmed that Mr. Nieves had left the firm.

Related Topics: ,

Learn more about reprints and licensing for this article.

Recent Articles by Author

Financial planners rebuffed by military

Thanks, but no thanks. That's the message a wary U.S. military is sending to financial advisers who want to offer free financial planning to active-duty servicemen and women.

Advisory firms learn how to ‘dress’ for sale success

Just like some home sellers who resort to a fresh coat of paint to enhance their home's “curb appeal,” financial advisers can take steps to help their practices sell faster and for a higher price.

New Form ADV-2 adding costs, confusion for advisers

A new rule aimed at making the financial advisory business more understandable to clients is giving advisers a headache.

New Form ADV-2 adding costs, confusion

A new rule aimed at making the financial advisory business more understandable to clients is giving advisers a headache.

Genworth adds Eaton Vance portfolios to its platform

Genworth Financial Wealth Management Inc. has appointed Eaton Vance Investment Managers as a portfolio strategist for its client accounts.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print