The four-person, two-adviser unit will partner with an existing group at UBS Private Wealth Management in Kenwood, Ohio.
The bank's business of managing ultra-rich clients' money will be moved under the Wells Fargo Private Bank brand.
The father-and-son team at Dawson Wealth Management Group joins the wirehouse in San Diego.
A three-adviser, three-associate team is joining the firm in San Antonio.
The bank continues to cut costs and simplify its broad wealth management business. Just last month, Wells Fargo said it was selling its asset management business, with $600 billion in assets, to two private equity managers.
Doche Financial Consulting Group is based in Scottsdale, Arizona
Amplius Wealth Advisors in Blue Bell, Pennsylvania, affiliates with Dynasty Financial Partners.
CEO James Gorman says the acquisition advances the wirehouse's 'transformation’ by adding fee-based business.
PBS Wealth Group is located in Newport Beach, California.
As its wealthiest clients fly south, the wirehouse plans to double the number of teams catering to ultra-high-net-worth individuals in the Sunshine State over the next few years.
Privately held companies using law firm Wilson Sonsini's capitalization software will migrate to Morgan Stanley's Shareworks.
The pair of advisers in Denver marks the registered investment advisory firm’s first foray into Colorado.
Richard Pakes starts CVG Wealth Management in Santa Barbara, California
A group with seven advisers in West Virginia and a solo adviser in Ohio switch affiliations.
Fed officials reportedly privately signaled the bank that they accept its proposal for overhauling risk management and governance, which would move Wells a step closer to getting the cap on its assets lifted.
The group of five advisers, which was with J.P. Morgan for nine years, will join UBS' Century City office in Los Angeles.
A year of remote work appeared to accelerate the trend of advisers going independent for more control over their business, and in many cases, opportunities for higher take-home pay. Independent broker-dealers also saw a year of positive gains, though on net the channel was down from 2019.
UBS, Banco BTG Pactual, Insigneo and Andbank are among those seeking to hire from the roughly 330 advisers who were part of Wells' international wealth unit.
Wirehouse advisers who want freedom and more control over the business they’ve built are no longer hampered by some of the historical challenges that once came with taking the leap.
Michael Topinka, Carl Boomhower and Daniel Tyburski set up shop in Wayne, New Jersey, as Topinka Financial.
