Rockefeller World Household Workplace has employed a J.P. Morgan Wealth Administration staff in Houston that oversaw $700 million in consumer belongings and a UBS Wealth Administration USA staff in Columbus, Ohio, that oversaw $350 million, in response to a supply acquainted with the strikes.
The Houston staff, Sage Wealth Companions, is led by Christopher D. Sheets and Forrest R. Inexperienced and produced $4.eight million in annual income, in response to the supply. At J.P. Morgan Advisors, the pair labored with a 3rd accomplice, T. Scott Holstead, as SGH Group.Â
Holstead, a founding member of the Houston wealth workplace, remained with J.P. Morgan, however the different 9 members of the staff—together with Sheets’ son Cameron—made the transfer, a second supply mentioned.
Sheets and Inexperienced joined J.P. Morgan in 2018. They started their advisory careers at Bernstein Non-public Wealth Administration in 2002 and 2004, respectively, in response to registration data.Â
The usteam, Shea Wealth Companions, is led by Andrea M. Shea and her son, Martin E. Shea, who produced $2.5 million in annual income, the supply mentioned. The four-person staff labored out of UBS places of work within the Columbus suburb of Higher Arlington and close to Cleveland in Pepper Pike, Ohio, in response to its UBS web site, which was not on-line Friday afternoon.
Andrea Shea joined UBS in 2009 after 4 years with Morgan Stanley predecessor Smith Barney, in response to registration data. She started her profession in 1998 and was registered with three brokerages by 2000. Martin Shea joined her at UBS in 2022.
Spokespeople for J.P. Morgan and UBS didn’t instantly reply to requests for remark.
Rockefeller opened an workplace in Columbus in August with Jones Wealth Companions, a staff from Merrill Lynch, and in addition has places of work in Cincinnati and Cleveland, the agency mentioned on the time. In Houston, Rockefeller in April snagged a Merrill Lynch staff producing $14 million in annual income.
Rockefeller Capital Administration, the mum or dad of Rockefeller World Household Workplace, reported overseeing $237 billion in consumer belongings on the finish of August. Earlier this month, the agency employed a $1.2 billion Truist staff that joined an workplace in Naples, Florida, established 5 months earlier with the addition of a billion-dollar Morgan Stanley staff.
J.P. Morgan Advisors, the financial institution’s conventional brokerage unit, has round 600 advisors. Final week, two of the unit’s largest groups, led by Phil Scott and Jim Atwood, left to launch their very own RIA with $18.6 billion in consumer belongings and $130 million in mixed annual income.
J.P. Morgan Wealth Administration had 6,433 advisors, together with these in Chase financial institution branches, on the finish of September, up 7% from a yr earlier, in response to its earnings report.
UBS’s Americas wealth unit had 5,644 advisors on the finish of June, down 2.2% from a yr earlier. No less than 54 groups with $51.eight billion in consumer belongings left UBS for rivals in 2025, and at the very least 27 groups with $28 billion departed within the first half of this yr.