Wells Fargo Advisors has recruited a Greenwich, Connecticut-based team managing more than $1.7 billion in client assets from RBC Capital Markets. The Sheresky Samsen Group includes managing directors of investments Steven Sheresky, Jeffrey Sheresky, and Jeffrey Samsen, along with senior vice president of investments Kenneth Sheresky. The team joined Wells Fargo on Monday, accompanied by senior registered client associates Jeannine Barlotta and Stanley Week. This move follows several other large recruitments by Wells Fargo, including a Morgan Stanley team managing about $5.9 billion in May.
Wells Fargo & CompanyWells Fargo recruited a $1.7B team, strengthening its wealth management business.
Royal Bank of CanadaRBC lost a $1.7B team to Wells Fargo, indicating competitive disadvantage.
Morgan Stanley