Edward Jones has enriched its bench in the West Coast as it welcomes a seasoned advisor from JPMorgan.
The firm announced the addition of Dan Dwyer, a seasoned financial to their Northern California team. Dwyer brings a wealth of expertise to the firm, having previously managed a book exceeding $250 million in client assets.
In his new role, Dwyer will be operating solo in a Napa, California office, and leveraging Edward Jones' resources to provide clients with comprehensive financial planning and personalized advice.
The firm, whose advisor force includes nearly 19,500 advisors serving 8 million clients across the country, has been quietly pivoting its strategy, nudging advisors from targeting mass-affluent and Main Street investors to include wealthier clients.
"Edward Jones’ culture and innovative resources truly stood out to me, especially when it comes to the flexibility offered to its financial advisors,” Dwyer said in a statement.
Dwyer previously worked at First Republic Bank for five years and spent one year at JP Morgan Chase, focusing on wealth management.
JPMorgan agreed to snap up First Republic in the wake of last year’s regional banking crisis. The California-based lender was the fourth domino to fall amid the turmoil, with losses that made it the second-biggest bank failure in US history.
Prior to that, his 39-year record in the industry includes tenures at Merrill Lynch, Wells Fargo, and Morgan Stanley.
He looks forward to utilizing Edward Jones’ tools and processes to enhance client relationships and deliver detailed financial planning. Supporting Dwyer in his new position will be registered branch associate Erin McPhee, along with Edward Jones' home office professionals and technology.
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