Wells Fargo Advisors has lured a team of three financial advisors from UBS’s wealth management unit that managed $463m in client assets.
The team, which includes James Percifield, David Heeren and Brad Harber, will operate under the name Madison Street Financial Group.
Percifield and Heeren will join the firm as managing directors-investments, while Brad Harber will join as vice president-investments.
The team will work out of two offices with Heeren based at downtown Chicago and Percifield and Harber will open a new branch in Chesterton, Indiana.
The team previously produced $3.5m in annual fees and commissions.
Heeren said over half of the Madison Street Financial’s assets come from corporate retirement plans and remaining from HNW families.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataPrior to joining UBS, Heeren worked at RBC Dain Rauscher, Smith Barney and Lehman Brothers. Percifield and Harber previously worked with Merrill Lynch before joining UBS.