Advisers overseeing more than $500 million in combined client assets joined Wells Fargo's independent channel last month, according to a spokesman.
In the largest of several moves, JPMorgan lost two advisers to Wells Fargo Advisers Financial Network. Rajeev Dhillon and Joseph Lesko previously managed more than $253 million, according to Wells Fargo.
They joined an existing independent practice, Capital Strategies. Capital Strategies has offices in Fort Lauderdale, Florida, New York and San Francisco.
A spokeswoman for JPMorgan declined to comment on their departure.
The largest teams to go indie this year managed more than $5 billion in client assets.
In Pittsburgh, UBS advisers Sanjit Khara and James Marcus left the wirehouse to join Heritage Financial Partners, an independent firm affiliated with Wells Fargo FiNet.
Khara and Marcus previously oversaw more than $173 million in client assets, according to Wells Fargo. They joined Heritage Financial Partners, an independent firm affiliated with Wells Fargo FiNet.
Marcus had worked at UBS since 1986, according to FINRA BrokerCheck records. Khara had been with the wirehouse since 2004.
A UBS spokesman was not immediately available for comment.
Brent McIntosh is Citi's chief legal officer and corporate secretary. Brent leads Citi's Global Legal Affairs & Compliance organization, which includes the Legal Department, Independent Compliance Risk Management, Citi Security and Investigative Services and Citi's Regulatory Strategy and Policy function. He is a member of Citi's Executive Management Team.
Brent served as under secretary of the Treasury for international affairs from 2019 to 2021. From 2017 to 2019, Brent served as Treasury's general counsel. Prior to that, he was a partner in the law firm of Sullivan & Cromwell.
Brent served in the White House from 2006 until 2009, first as associate counsel to the president and then as deputy assistant to the president and deputy staff secretary. Before that, he was a deputy assistant attorney general at the Justice Department.
Susana Ortega Valle is the VP of Product, where she leads the strategic vision for how small business owners engage with insurance. Throughout her two-decade career, she has built a reputation for developing high-performance teams that thrive on innovation and challenge conventional thinking.
Prior to joining Simply Business, Susana held digital product leadership roles at State Street and Santander Bank. Her approach to data-informed, AI-forward product strategy is backed by a robust academic foundation, including two MS degrees in Telecommunications Engineering and an MBA from MIT.
Advisors know that a transition plan is important, but many fall into the trap of procrastination.
Edward Jones adviser Christopher Coffman joined Arkfeld Wealth Strategies, which is affiliated with Wells Fargo FiNet. Coffman, who is based in Omaha, Nebraska, oversaw $45 million in client assets while at Edward Jones, according to Wells Fargo.
He had been with the firm for 11 years.
An Edward Jones spokesman was not immediately available for comment.
Eric Cownie, an adviser based in Mars, Pennsylvania, joined Wells Fargo FiNet's Becker Financial Group. He oversees $50 million in client assets, according to Wells Fargo.
Cownie had been registered with Mercer Allied, according to BrokerCheck records.
Wells Fargo's FiNet current has more than 1,300 financial advisors.
