Wells Fargo poached four advisors managing more than $450 million in client assets from rivals UBS and Morgan Stanley.
Father-and-son advisors Alan and Charles Glick and their assistant, Pearl Beria, left Morgan Stanley to join Wells Fargo's Westwood, Calif. Office. There they will report to complex manager Paul Vannuki. The Glicks managed more than $242 million in assets while at Morgan.
Senior team member Alan Glick has more than four decades of industry experience. He started his career at Hornblower and Weeks in 1973 and moved to Lehman Brothers in 1979, according to FINRA records. He left Lehman in 1993 to join Citigroup. He went with Morgan in 2009, and his son came on board a year later.
Another new recruit at Wells is UBS advisor Shawn Gruver, who was managing more than $109 million in assets. He will join Wells Manhattan Beach, Calif. Office, and report to branch office manager David Fahey. Gruver started his wealth management career at Morgan Stanley in Aug. 2003, and left to join UBS in Oct. 2008.
Wells also picked up advisor James Laughlin Sr., who managed more than $97 million in assets while at UBS. Laughlin is joining Wells' Chesterfield, Mo. Office, where he will report to branch manager Clyde Pilkington. He has more than two decades of industry experience. Prior to joining UBS in 2007, Laughlin worked at A.G. Edwards.
The recent additions reveal a busy start to the summer recruiting season for Wells. The San Francisco-based firm started the month by reeling in a J.P. Morgan advisor team managing about $1.5 billion in assets.
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access