Career moves

The new recruit previously worked at U.S. Capital Advisors, an independent wealth management firm.

The team leader is an industry veteran who spent 23 years at Wells Fargo and its predecessor A.G. Edwards.

Daniel Farley will lead a team of wealth management professionals serving wealthy clients in the greater Minneapolis-St. Paul area.

She is the third generation to control the company and, like her family members, has maintained a low profile despite the reach of the firm’s mutual funds.

Edward "Ned" Johnson, 86, is retiring and will become chairman emeritus.

Keith Banks, president of U.S. Trust, is getting new responsibilities at the firm.

The regional firm recruited its first adviser for Alex. Brown since acquiring the unit in September, and will reopen an old office in Annapolis, Maryland.

The group, led by two brothers, joined the firm as partners and opened a new office for Noyes. It's now the firm's largest branch.

Nunag will oversee client relationships, product development, marketing and sales in the New York City area.

Robert Peyreigne was hired to fill the role after Michael Armstrong departed Jefferies for RBC earlier this year.