John Tyers, most recently chief growth officer at AdvisorEngine, has been tapped to head the independent advisor group at Wells Fargo Advisors.
The group consists of Wells Fargo Advisors Financial Network, or FiNet, First Clearing and the wirehouse’s registered investment adviser custody business.
Before joining AdvisorEngine, Tyers led the private wealth business at Citizens Financial Group. He also held several positions at Merrill Lynch, including serving as president of its custody and clearing business for RIAs and independent broker-dealers, and led efforts at Bear Stearns and Charles Schwab in the areas of custody services and platforms for RIAs, independent broker-dealers, single- and multi-family offices, and trust companies.
A private partnership, Edward Jones is a giant in the retail brokerage industry with more than 20,000 financial advisors.
Meanwhile, Raymond James and Tritonpoint Partners separately welcomed father-son teams, including a breakaway from UBS in Missouri.
Paul Atkins has asked staff to solicit public comment on novel ETFs, pausing the clock on as many as 24 filings linked to the booming event contracts market.
From 401(k)s to retail funds, Deloitte sees private equity and credit crossing into mainstream investing on two fronts at once.
Big-name defections from Morgan Stanley, UBS, and Merrill Lynch headline a busy two weeks of recruiting for the wirehouse.
Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
