Five advisers who collectively manage more than $1 billion have joined Janney Montgomery Scott from Truist, which was formerly known as BB&T Scott & Stringfellow.
Jim Kraft and Lupton Haigler jointly managed $330 million at Truist in Morehead City, North Carolina.
Christopher Walters managed $172 million in assets in Roanoke, Virginia.
Andrew Ciappa and Richard Link, based in Mt. Pleasant, South Carolina, managed $226 million and $297 million, respectively, at Truist.
In addition, Alexander F. Giles III joined Janney in Columbia, South Carolina. He managed $121 million at Wells Fargo.
Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.
Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.
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