Morgan Stanley duo managing $260 million joins Raymond James

Rene Dierkes and Frank McKenna move to employee unit in Morristown, N.J.

AUG 08, 2019

By InvestmentNews

René Dierkes and Frank McKenna, who managed $260 million at Morgan Stanley in Morristown, N.J., have joined the employee unit of Raymond James. (More: See more adviser moves in InvestmentNews' Advisers on the Move database.) Mr. Dierkes joined the brokerage unit of Legg Mason in 1990, which was acquired by Smith Barney and Morgan Stanley. Mr. McKenna spent almost 20 years at Legg Mason and Morgan Stanley. (Video: How fintech is evolving the onboarding process for clients_

Former Wells Fargo exec Brendan Krebs emerges at PNC

The 25-year industry veteran previously in charge of the Wall Street bank's advisor recruitment efforts is now fulfilling a similar role at a rival firm.