Truist Wealth has established its presence in Chicago with the addition of a 10-person financial advisor team it lured from Wells Fargo.
The team is led by managing directors Colleen McCaffery and Michael Katz and regional managing director Frank Carbonara. It includes advisors Martin Babbo, Alexander Benassi, Jan-Peter Breugelmans, Brian Rogan and Chris Smulski, senior trust advisor Laura Sheehan, and client service associate Megan Duley, according to Truist.
McCaffery joined the financial services industry in 1995, registering with Merrill Lynch, and came to Wells Fargo in 2001, according to BrokerCheck.
Carbonara has been in the industry since 2001 and was registered with Merrill, UBS and JPMorgan before joining Wells Fargo in 2016, according to his BrokerCheck record.
Katz became a registered broker last month, according to BrokerCheck.
Babbo first registered as a broker and investment advisor, with Wells Fargo, earlier this year, and Rogan did so last year, while Benassi has been in the industry since 2002 and with Wells Fargo since 2015, according to BrokerCheck.
Breugelmans joined the industry in 2010 and came to Wells Fargo in 2014, while Smulski entered the industry in 2001 and joined Wells Fargo in 2011, according to BrokerCheck.
Sheehan worked as a trust administrator at JPMorgan from 2004 to 2012 and has served as a fiduciary advisor specialist at Wells Fargo since then, according to her LinkedIn profile.
Truist said that with the addition of the Chicago branch, the firm “now serves nine of the 10 largest metropolitan markets in the U.S.”
“Disciplined expansion will help us achieve our strategic goals, and our Chicago team brings a combination of private banking, brokerage and trust experience that will help Truist Wealth expand and win in this market,” Joseph Thompson, chief wealth officer at Truist Financial, Truist Wealth’s parent company, said in a statement.
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Source: financialadvisoriq.com
