The latest senior moves and appointments in the North American wealth management sector.

Former Morgan Stanley financial advisors Dale Grubb, Matthew Grubb, and Corbin Hoffner, who managed more than $514 million in assets, have joined the employee advisor channel of Raymond James. 

Based in Sebring, Florida, they are joined by practice business manager Joella Libero and senior client service associate Leighann Hylan. 

Dale Grubb brings more than 40 years of financial services industry experience to his role as managing director. He began his career in 1984 and most recently served at Morgan Stanley for 15 years. 

Matthew Grubb, who is senior vice president of investments, began his career at Morgan Stanley in 2017, where he served for seven years alongside his father, Dale. He holds the certified financial planner designation,

Hoffner holds an undergraduate degree in business administration from the University of Phoenix. He has served at Morgan Stanley since 2020 as vice president of investments.

Cetera
Bart Schulte, who oversees about $300 million in assets under management (as at August 31, 2024) has joined Cetera Investment Advisors, using its RIA Blueprint platform to support his business as an investment advisor representative.

Schulte, who has worked in the financial services sector for 24 years, is based in Camdenton, Missouri.

“Owning and operating my own RIA is a longstanding career goal, and this affiliation with Cetera takes me one step closer to realizing this goal for the benefit of my business and my clients,” Schulte said. â€śCetera’s RIA tech resources and self-clearing custodial capabilities provide the optionality and support for my independent advisory business today with the flexibility to open my own RIA in the future.”

Schulte holds a Series 66 registration as well as the Certified Wealth Strategist® (CWS) certification. He earned a bachelor of science degree in business and marketing from University of Missouri-Saint Louis and an MBA from Fontbonne University.