Benjamin F. Edwards & Co, a US-based full-service broker-dealer, has opened a new office in Boynton Beach, Florida.
The new office marks as the firm’s 49th in the country and joins its Melbourne, Panama City, Pensacola and Destin branches in the Sunshine State.
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Additionally, Benjamin F. Edwards has lured a team of five brokers from Wells Fargo. The team previously managed more than $100 million in client assets and generated at least $1 million in annual revenue.
The team, which includes Jeffrey Hill and Steve Brill will join the firm as senior vice president, investments and financial consultant. Jeffrey Hill will manage the new branch.
Also, Debra Targett and Steve Brill will join as vice president for investments, while Mary McLaughlin will join as associate vice president for investments.
Jeffrey Hill said: "Moving to Benjamin F. Edwards & Co. gives us a wonderful opportunity to offer our clients this firm’s special brand of client-first service, while also providing the sophisticated investment tools and insights they’ll need as they work toward their financial objectives."
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By GlobalDataThe company said that all the brokers except Jessica Hill have relocated from Wells Fargo Advisors.
Founded in 2008, Benjamin Edwards employs around 400 people at 49 branches across 24 states.
