Advisors on the Move: Building Out

Advisors on the Move: Building Out

  • Beverly Hills Wealth Management launched an internal asset management division on Wednesday with the addition of McComsey Asset Management. Led by principal Mark McComsey, the asset manager provides multiple disciplined strategies that BHWM advisors will have exclusive access to for clients.
  • Brownstone Investment Group opened its first office on the West Coast—it’s third office nationwide—on Wednesday in San Francisco. Peter Campfield, who recently joined Brownstone from BondDesk Trading, will lead the new office. Nine-year Brownstone veteran Charles Grosso will also help lead the new office and senior trader Christie Morse will provide support, according to the firm.  
  • On Tuesday, Dynasty Financial moved to ramp up its capital markets offerings, brining aboard Tom Petrone as the director of capital markets and the newest addition to the Dynasty Financial Partners Investment Committee. Based in New York, Petrone will be leading initiatives to expand iDynasty’s capital markets platform.  A leading expert on capital markets with more than 30 years of experience behind him, Petrone most recently served as head of capital markets for the Citigroup Private Bank.
  • UBS boosted its equity compensation services division on Monday with the addition of Karen Damaso, who will be based in New Jersey. In her new role, Damaso will focus on driving corporate client sales with key prospects in collaboration with financial advisors. Damaso has more than 16 years of corporate sales experience and 7 years of corporate equity compensation experience, having previously worked at Equity Methods and Bank of America Merrill Lynch.
  • Midwest-based broker-dealer and investment bank Ziegler brought on Kenneth R. Koger Jr., as a financial advisor in its Chicago office on Sept. 19. An Accredited Asset Management Specialist (AAMS), Koger joined the bank from U.S. Bancorp Investments, where he served in the company’s private client group.
  • New York advisory firm Snowden Capital Advisors LLC snagged a trio of advisors with over $500 million in AUM from Merrill Lynch last week. The Guth-Fordyce, which includes managing directors Kevin Guth and Stephen Fordyce and private wealth advisor Jeremy Soboleski. Guth and Fordyce have become Snowden partners and are opening a new Snowden office in New Haven, Conn.
  • A former Morgan Stanley group with $500 million in client assets joined HighTower last Monday. Huntsville, Ala.-based Twickenham Wealth Advisors focuses on providing wealth management solutions to high-net-worth families and individuals. The team is led by managing directors and founders W.F. Sanders Jr., J. Wesley Clayton, Henry (Moss) E. Crosby Jr. and Michael P. Ahearn.
  • Morgan Stanley recently picked up advisors in Florida, New Jersey and Tennessee. Steve Overton and Gary Englund joined Morgan Stanley’s Tampa, Fla. office from Raymond James on Sept. 12, with combined production of $982,000 and over $100 million in prior assets. In Red Bank, N.J., Robert Finan and Anthony LaFonte joined from Merrill Lynch. The duo has a combined production of over $2 million and $400 million in prior client assets. Meanwhile, earlier this month Tony Thorpe joined the firm’s Franklin, Tenn. office as a branch manager. A former complex manager with UBS for 15 years, Thorpe is responsible for supervising 16 financial advisors in his branch.
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