© 2020 Arizent. All rights reserved.
p18kn2nqid106r1pih9nv1fumn2mm.png
Advisors on the Move
An advisor team with $1.2 billion in assets under management has left Morgan Stanley to join Lebenthal Wealth Advisors, a five-month old firm. But Lebenthal isn't the only wealth manager with new talent on board. Read about more recent breakaways and promotions by clicking through our slideshow.
p18kn2lpmr39613ji16ms1m8j1c309.png
Raymond James Names Manager for New Office
Peter Alberding will oversee Raymond James’ new Boston office as branch manager. Alberding joins the firm from UBS, where he served as a complex manager and COO of UBS’ western U.S. division. He started his career in the financial services industry in 1997 as a financial advisor for PaineWebber.


Read the full story here



Image: Peter Alberding
p18kn2lpmsai9ocq1f931gep7imb.png
Raymond James Appoints Mid-Atlantic Complex Manager
Warren Wright has left Morgan Stanley to become Raymond James’ Mid-Atlantic complex manager. Wright will be based in the firm’s Washington D.C. branch. While working at Morgan Stanley, Wright served as a branch manager and complex business development manager.


Read the full story here



Image: Warren Wright
p18kn2lpmpeej134vsatbejcf6.jpg
Morgan Stanley Picks Up Team With $600M AUM
Morgan Stanley lured away an advisor team with more than $600 million in assets under management from Merrill Lynch.


Led by advisors Albert Fox, Edward Penberthy and Joseph Dehn, the team joined Morgan Stanley’s Mount Laurel, N.J. office effective March 20. The group reports to branch manager Richard Maratea.


Read the full story here



Image: Albert Fox, Edward Penberthy and Joseph Dehn
p18kn2lpmqj7lot416fp1ic114pf7.png
Lebenthal Wealth Advisors Lands Team With $1.2B AUM
Lebenthal Wealth Advisors, a 5-month-old wealth management firm with a famous name but zero assets, has received a major jumpstart with the arrival of a $1.2 billion breakaway Morgan Stanley team.


Carrie Gallaway, 37, and Andrew Stern, 38, joined Lebenthal as partners with an equity stake. They were part of the high-powered Sorenson Group at Morgan Stanley in New York.


"It's a landscape-changer for Lebenthal," says industry consultant Tim Welsh, president of Larkspur, Calif.-based Nexus Strategy. "A team with a book like that can write their own ticket, and if they're successful at Lebenthal, they can attract other big teams."


Read the full story here


Image: Carrie Gallaway and Andrew Stern
p18kn2lpmrjau1ko812nr107h83i8.png
Wells Fargo Breakaway Broker Joins Securities America
Hilary Jones Rojo has left Wells Fargo Advisors to join Verus Capital Partners, a branch of independent broker-dealer Securities America.


Rojo managed $65 million in client assets while at Wells Fargo.


Image: Hilary Jones Rojo
p18kn2lpms1c75ij5u61r5cpuca.png
Benjamin Edwards Snags Wells Fargo Advisor Group
The Tetreault-Robb Financial Group has left Wells Fargo to join forces with regional broker-dealer Benjamin Edwards.


The four-person team is forming Edwards’ newest office in New London, N.H., marking the firm’s first office in the state and its forty-second overall.


The team is comprised of veteran advisors Lori A. Tetreault and Thomas J. Robb as well as financial associates Stefanie Howell and Diane Hobart. Both Tetreault and Robb have accredited asset management specialist certifications.


Read the full story here


Image: Lori Tetreault and Thomas Robb
p18kn2m34mhei1ill58c11gh12aed.JPG
Wells Fargo IBD Channel Adds Advisor With $424M AUM
Financial advisor Jeffrey Fratarcangeli, who managed more than $424 million in client assets while at Merrill Lynch, has joined Wells Fargo Advisors Financial Network, the firm’s independent broker-dealer channel.


Fratarcangeli is based in Birmingham, Mich., with offices in New York and Florida. He is a veteran of the financial services industry, having started his career in 1996 with Dean Witter Reynolds, according to FINRA documents.


Read the full story here

p18kn2m34k13l3i9nrft1r26lkhc.png
RBC Recruits International Advisor From Barclays
RBC Wealth Management recruited Ileana Platt, an advisor specializing in global high-net-worth clients, from Barclays Bank.


Platt is a two decade veteran of the financial services industry, having also worked at Credit Suisse. Prior to joining RBC’s Miami office, she generated more than $2 million in annual production.


Read the full story here