Career moves

A longtime wirehouse advisor with $48 million in AUM has joined regional broker-dealer Wunderlich.

"We can shuffle women from one firm to the next all day long, but we're still going to be at that 15%," says Michelle Lynch, director of Raymond James' Network for Women Advisors.

The group of 5 advisors will be opening a new office for the regional broker.

The team made the move in part to be able to grow in new directions, says senior financial advisor Tommy Boyd.

The team left the wirehouse to form their own independent firm, representing one of the largest groups that Dynasty has helped go independent.

The OAKS Wealth Management Group has a combined $3.2 million in production.

The discussion of what happens to an advisor’s book is parallel to the conversations that advisors should be having with their clients: Prepare for the future and the unexpected, says recruiter Elizabeth McCourt.

"It's like being Superman and Clark Kent," says Michael H. Jacobs, a producing branch manager at RBC.

CAPTRUST Financial Advisors has merged with Parker Carlson & Johnson Investment Management; Meanwhile, Independent Financial Partners announced its acquisition of Private Wealth Alliance.

TCW’s Metropolitan West Total Return Bond Fund collected more money than any other bond mutual fund in the year following Bill Gross’ sudden departure from Pimco.