Two practices, each managing $150 million, leave Wells Fargo FiNet

LongView moves to Raymond James, Corinthian to Summit.
JAN 18, 2018

Two brokerage teams affiliated with Wells Fargo FiNet, each of which manages $150 million in assets, have affiliated with other broker-dealers. [More: Wells Fargo Finet no longer reports how many financial advisors it employs] LongView Wealth Solutions, based in York, Pa., has affiliated with Raymond James. Corinthian Wealth Partners in Silverdale, Wash., has affiliated with Summit Brokerage Services. David Garber, William Thompson Jr. and Jason Weber are the principals at LongView. Mr. Garber began his career at Locust Street Securities in 1996 and moved to ING Financial in 2004 and to Wells Fargo in 2011. Mr. Thompson began his career at Pruco Securities in 1983 and in 1986 moved to Locust Street Securities, where he began working with Mr. Garber. Mr. Weber joined the team when he began his career at Locust Street Securities in 1997. At Corinthian, Robert Battin, Roger Finucan and Todd Hankins are principals. Mr. Battin began his career at Lehman Brothers in 1987. He moved to Citigroup in 1993 and stayed with its successor, Morgan Stanley, until 2011, when he affiliated with Wells Fargo. Mr. Finucan began his career at Boettcher in 1985, moved to Dain Rauscher in 1986 and then in 2001 to Citigroup, where he began working with Mr. Battin. Mr. Hankins began his career in 2006 at Merrill Lynch and moved to Chase Investment Services in 2009 and then to Wells Fargo in 2011. (More: Wells Fargo adviser head count dips)

Latest News

Estate planning becomes a client retention issue for financial advisors, survey finds
Estate planning becomes a client retention issue for financial advisors, survey finds

Clients are saying they would consider switching advisors if another professional offered estate planning services, according to a new Trust & Will survey.

Candidly adds AI agents for Trump Accounts, workplace benefits
Candidly adds AI agents for Trump Accounts, workplace benefits

CEO Laurel Taylor says the fintech's composable AI stack helps workers optimize dollars across Trump Accounts, 529s, 401(k)s, and other employee benefits.

BMO adds three advisors in Dallas amid Y'all Street wealth boom
BMO adds three advisors in Dallas amid Y'all Street wealth boom

The bank has swiped three private banking veterans from BNY as the city climbs the ranks of America's fastest-growing wealth hubs.

UBS moves toward full-service US bank as plans to extend wealth business
UBS moves toward full-service US bank as plans to extend wealth business

Employee accounts, crypto trials and job cuts frame a pivotal year for the Swiss lender.

$5B broker-dealer NBC Securities has a new name after almost 30 years
$5B broker-dealer NBC Securities has a new name after almost 30 years

New name draws on founder's family history as consolidation reshapes the broker-dealer landscape.

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income

SPONSORED Why direct indexing stopped being optional

Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.