Advisors with $227M in combined AUM join Waddell & Reed
Waddell & Reed swept up four advisors managing over $227.7 million in combined client assets, the firm said.
Advisors Jake Dawson, Michael McKinnis, Kenneth Gass and Gary Pawliczek joined the independent broker-dealer from four different firms in July and August, according to a statement released by Waddell & Reed.
Dawson was previously with Merrill Lynch in Lynchburg, Virginia, where he oversaw $143.2 million in client assets, according to the statement. He was with the wirehouse for seven years and had started his career prior to that at Wachovia Securities in 2007, FINRA BrokerCheck records show. He will continue to operate in Lynchburg.
McKinnis was previously with Edward Jones, where he managed $35.5 million in client assets, Waddell & Reed said. He started his career at Edward Jones in 2008 and is based in Denver, according to BrokerCheck.
Gass, was previously with Wunderlich Securities where he had overseen $26.3 million in client assets, according to Waddell & Reed. He has 17 years of industry experience and is based in Birmingham, Michigan. Gass started his career at Morgan Stanley, and later moved to Quick & Reilly and Citigroup before joining Wunderlich in 2009.
Pawliczek joined Waddell & Reed from Ameriprise, where he managed $22.7 million in client assets, Waddell & Reed said. He spent 10 years at Ameriprise, and has also worked for Raymond James and AXA Advisors, FINRA BrokerCheck record show. Pawliczek is based in Wilmington, Delaware.
The Overland Park, Kansas-based Waddell & Reed currently has 1,803 advisors working in more than 160 offices. As of June 30, it had $86.5 billion in total AUM, according to the company's statement.