Financial advisor Phoenix Advisors LLC is hiring three financial advisors from Capital Financial Advisors.

Phoenix is taking aboard Robbi Acampora, Mary Lyons and Denise Baxter. "The team from CFA shares our philosophy of outstanding customer service, which is demonstrated by the loyalty of a large group of long-time clients," said Phoenix chief executive officer David Thompson.

Phoenix Advisors was the largest financial advisor in New Jersey in 2011 by both par value and number of issues advised. It was the 36th largest advisor in the country by par value in 2011 and the 27th largest in the first half of this year.

Lyons and Baxter will begin work with Phoenix immediately. Acampora will start in January. Acampora and Lyons will be managing directors. Baxter will be a senior analyst.

The three professionals were CFA's full professional staff. The firm is winding down operations.