Southwest Securities has added four legacy Morgan Keegan advisors to its Austin, Texas, office in a move the firm’s director of retail said highlights growing hiring momentum.  

“It’s been kind of a slow year across the whole industry,” Southwest Securities’ director of retail, Larry Tate, said in a phone interview. “We’re starting to see things pick up here just in the last six weeks to two months [with] a lot more conversations.”

The firm has been actively recruiting across all of its geographic areas, including Texas and California, with a specific eye on the Austin market, Tate said. 

“We’ve recently undertaken a large expansion of our branch in the Austin market,” Tate said of the Dallas-Forth Worth-based firm. “We recognize the opportunity currently available in that market.”

The new hires includeThomas Darilek, Vito D’Angelo, Howard Humphreys and Jim Woodcock. They are all former Morgan Keegan advisors, who transitioned to Raymond James when the two companies merged in April 2012. 

Darilek has more than 30 years of financial services experience and serves individual and corporate investors. He had previously served with Raymond James before joining Morgan Keegan in 2007, according to registration records with the Financial Industry Regulatory Authority. He joins Southwest as a senior vice president. 

D’Angelo also has more than 30 years of experience and had been at Morgan Keegan for 11 years. He also joins as a senior vice president. 

Humphreys—an industry veteran with 45 years of experience—began his career in 1981 and had been at Morgan Keegan since 1997, according to FINRA records. He joins as senior vice president at the Austin office. 

Woodcock is joining as a vice president and had been at Morgan Keegan for seven years. 

“This will signal to the rest of the brokerage community in Austin that we are committed to only the highest quality individuals,” Tate said of the hires. “And I think it will bode well for our efforts in the future.”