Career moves

The group is the second team to join the Tucson branch in two weeks.

At least 270 advisors with $11.1 billion in client assets have left NPH firms since the acquisition.

The duo is part of an ongoing exodus of wirehouse advisors to smaller regional firms and independent brokerages

After announcing it would exit the Broker Protocol, Morgan Stanley lost advisors managing approximately $7 billion in client assets.

Though the wirehouse has reduced recruiting efforts, it continues to attract big producers.

The practice’s managing director blamed the No. 1 IBD in part for its move to Securities America.

The moves comes amid uncertainty about the future of the Broker Protocol.

In a case of déjà vu, this is the second time a father-son team left Wells Fargo for RBC in the past two weeks.

Advisor Group BDs have poached at least four NPH practices after LPL acquired the network’s assets.

The practice joined Triad Advisors after at least 25 years with its former IBD.