Benjamin Edwards Scoops Up Advisors with More than $780M Combined AUM

Benjamin Edwards recently landed more than a dozen advisors with a combined $784 million in client assets, the firm said.

Former Wells Fargo advisors Bridget Weatherly, Tom McCormick, Philip Pela and Hal Kaigler joined the firm's new office in Gulfport, Miss., the firm said. Angela Wolfe, who previously worked for Edward Jones, also joined the location, according to Benjamin Edwards. Howell Taylor, who also had worked for Wells Fargo, went to the firm's new office in Hattiesburg.

Four former Morgan Stanley advisors — Mary Schulte, Thomas Cleland, Randy Sidio and Maurice Mathy — moved to the Benjamin Edwards' office in Wheaton, Ill. Rick Faby, who previously worked for Ameriprise, joined the firm in Baltimore.

Rounding out the 13 moves were former Oppenheimer advisors Christopher Coulter and Bill Ferry, who joined Benjamin Edwards in Clayton, Mo.

 “The advisors joining us today bring extensive financial services experience, and are empowered with the freedom to select from products and services that best fit their clients’ goals and objectives,” said Benjamin F. Edwards IV, chairman and CEO of the firm.

Prior to the more recent moves, four advisors who managed a combined $489 million in client assets left Wells Fargo in October to join Benjamin F. Edwards’ office in Rome, Ga.

In September, the firm said it recruited three advisors with a combined $231 million in client assets and opened a new branch office in Paris, Texas.

Read more:

• Wells Fargo Loses Advisors With $489M to Benjamin Edwards
• Deal Makers: How Young Advisors Pick Up Retiring Advisors' Clients Now
• Advisors on the Move: Fired Merrill Advisor Who Once Managed $5B in AUM Joins Wells Fargo