STREET MOVES:Barclays Wealth Hires Investment Representatives
February 01 2010 - 4:12PM
Dow Jones News
Barclays Wealth, a unit of Barclays PLC (BCS), recently
recruited a team of investment representatives from Oppenheimer
& Co., as the firm continues to boost its presence in the
U.S.
On Jan. 15, William Scott and Steve Pritsios joined Barclays'
office in Washington, D.C. The two representatives had a combined
$1 million in annual production and managed $200 million in client
assets.
Prior to joining Barclays, Scott and Pritsios worked for nearly
a year at Oppenheimer & Co., a unit of Oppenheimer Holdings
Inc. (OPY), after a previous six month stint at Stanford Group. The
team previously worked at FBR Capital Markets for nearly five
years, according to Financial Industry Regulatory Authority
records.
The addition of the two representatives comes as Barclays has
hired 50 such professionals in 2009 and plans to recruit more than
100 more in 2010.
A spokesman for Oppenheimer couldn't immediately confirm the
team's departure from the firm.
-By Brett Philbin, Dow Jones Newswires; 212-416-2173;
brett.philbin@dowjones.com
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