In a continuation of its strong recruiting efforts this year, Waddell & Reed, Inc. has added 10 experienced financial advisors to its national network within the last two months, with combined prior firm assets under administration (AUA) totaling $458.3 million and annual prior firm production totaling $3.5 million.
Since Jan. 1, 2020, 32 advisors, including those announced here, have affiliated with Waddell & Reed, driving new advisor revenues for the year to nearly $1.9 billion in AUA and $12.1 million annual production.
Advisor | Prior Firm | City, State | Transition Date |
Kristine Stewart, CFP®, CLU®, ChFC®, CASL® | AXA Advisors | Saint Johns, Florida | July 10, 2020 |
Shawn Graham | Edward Jones | Griffith, Indiana | July 20, 2020 |
Vicki Andrews | KMS Financial Services | Normandy Park, Washington | July 20, 2020 |
Edward G. Everitt, CPA, PFS | KMS Financial Services | Federal Way, Washington | July 20, 2020 |
Al Nicolosi, CRPC® | Ameriprise Financial | Cherry Hill, New Jersey | July 31, 2020 |
Ethan Binnion, AAMS®, CRPC® | Edward Jones | Plano, Texas | Aug. 21, 2020 |
Scott Frazer, CFP® | Charles Schwab | Parker, Colorado | Aug. 31, 2020 |
Bobby Fairbrothers | Oppenheimer & Co., Inc. | West Warwick, Rhode Island | Sept. 1, 2020 |
Kristin Hanneman | Morgan Stanley | Vancouver, Washington | Sept. 2, 2020 |
Thomas Dias, CFP® | RBC Advisor Services | Fresno, California | Sept. 4, 2020 |
As part of its growth strategy, Waddell & Reed also continues its focus on advisor retention by advancing support, service and overall experience for its existing national network of independent advisors. This strategic evolution has been focused on technology enhancements, product expansion, increased compensation and broadening support through programs such as the Great Practice Solutions customized practice development program and the Wealth Solutions Group, a team of credentialed product and sales support experts.
Founded in 1937, Waddell & Reed, Inc. provides financial planning services to clients throughout the U.S. through its network of more than 1,300 financial advisors and advisor associates nationwide. Waddell & Reed, Inc. is a subsidiary of Waddell & Reed Financial, Inc. (NYSE: WDR). For more information about Waddell & Reed, visit waddell.com.
Securities and Investment Advisory Services offered through Waddell & Reed, Inc., a Broker/Dealer, Member FINRA/SIPC and Federally Registered Investment Advisor.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200914005118/en/
Roger Hoadley
VP, Communications
rhoadley@waddell.com