Career moves

Lots of people bounce back, but Jeremy Barnum’s rise is an unlikely Wall Street tale.

Gabe Garcia had been working to transform E-Trade’s custodian since shortly after the retail brokerage purchased it in 2018.

With technology upgrades and the hiring of former TD Ameritrade recruiters, the No. 1 IBD eyes further expansion in the RIA channel.

Ameriprise, Raymond James, Edelman Financial Engines, Dynasty Financial Partners, Advisor Group, LPL, and other news, deals and career moves this week in financial advice.

Two advisors left their prior firm of 10 years after the bank’s wealth and asset management unit generated record net income in the first quarter.

The quartet of financial advisors leaving UBS after a decade also has an advisor with an equestrian specialty.

RBC names new complex directors, Commonwealth added a $200 million team, an ex-advisor is serving 33 months for elder fraud, and other news from the week in financial advice.

Nick Maroutsos, the head of global bonds at Janus Henderson Investors, is joining the legions of well-off Americans casting aside the shackles of their day jobs.

The team managed $1.5 billion in client assets with Merrill Lynch, and they chose an RIA with ties to the wirehouse working in its favor.

People moves and deals at RBC, LPL, Baird, Dynasty, Beacon Pointe, Rockefeller Capital Management and other quick takes from this week in the financial advice industry.