Career moves

Betsy Duke took the rare step of denying the bank is looking to replace Chief Executive Tim Sloan.

Upon closing, the deal will push Wealth Enhancement’s advisor head count beyond 70 financial planners.

The No. 1 IBD drew in a team composed of both CPAs and advisors.

The advisors join the regional firm from Morgan Stanley and Wells Fargo.

The four-advisor practice joined the No. 1 IBD after its CEO pledged to transform the company’s culture.

The regional BD has picked up 15 advisors this month alone.

Carla Wigen joins the senior leadership team at the Seattle-based firm, which advises on about $5 billion in assets.

Each of the team’s members had 15 years or more experience working at the wirehouse.

This is the third such suit the bank has filed against former advisors in recent months.

The deal with the family-run independent insurance firm followed record sales in fixed-index annuities.