NEW YORK Aug 25 Benjamin F. Edwards & Co, a
boutique brokerage with family ties to the old A.G. Edwards &
Sons, said on Monday it opened a new office in Portland, Oregon,
launched by a father-and-son team of advisers from Wells Fargo &
Co's U.S. brokerage.
Robert Rosenbloom and son Trent Rosenbloom joined Benjamin
Edwards on Friday from Wells Fargo Advisors, where they had
practiced since 2008, according to the Financial Industry
Regulatory Authority (FINRA).
They bring with them senior registered financial associate
Benjamin Edwards does not disclose the amount of client
assets individual advisers manage or an adviser's annual
Both had previously worked for A.G. Edwards, which Wachovia
bought in 2007. Wells bought Wachovia in 2008.
A Wells Fargo Advisors spokeswoman confirmed the advisers
left the firm, but declined to comment further.
St. Louis-based firm Benjamin Edwards has achieved much of
its growth through hiring legacy A.G. Edwards advisers away from
This team joins under the name of Rosenbloom Wealth
Management Group, and it is the second Benjamin Edwards office
to open in Portland. Benjamin Edwards employs around 400 people
at 48 branches in 24 states.
(Reporting by Elizabeth Dilts; editing by Matthew Lewis)