Wells Fargo Adds $1.6B UBS Wealth Team in Frisco

Wells Fargo Advisors added a 14-person AGT Private Wealth Group from UBS in Frisco, Texas, this week. The team brought about $1.6 billion in client assets and includes six lead advisors and eight support staff.

The group will operate from Wells Fargo’s Frisco office under the AGT Private Wealth Group name.

The six lead advisors are Jay Arbetter, Jason Taraszki, Henry Jordan, Rusti Rogger, Alec “AJ” Jordan and Evan Taylor. Arbetter began his career at Merrill in 1985 and moved to UBS in 2013. Taraszki had a brief stint at Dean Witter in 1999, joined Merrill in 2000 and went to UBS in 2013. Henry Jordan started at Allstate Financial Services in 2006, joined Sanford Bernstein in 2009 and moved to UBS in 2011. Rogger, AJ Jordan and Taylor began at UBS in 2004, 2020 and 2017, respectively.

The hire came days after a 19-member team from Morgan Stanley, which managed nearly $6 billion, joined Wells Fargo in New York.

Industry recruiting data show Wells Fargo recorded 85 net recruits in 2025, second to Morgan Stanley’s 111, according to the annual Financial Advisor Transition Report by recruiting firm Diamond Consultants.

UBS introduced compensation changes for its Americas wealth business in late 2024 and later softened some of those terms. Departures slowed but continued. UBS reported advisor headcount in its North and South America wealth business at 5,722 in the first quarter of 2026, a drop of less than 1% from the fourth quarter of 2025 and about 3% from the first quarter of 2025.

UBS reported the Americas pretax profit margin rose to nearly 14% in the first quarter of 2026, and operating profits before taxes increased 25% to $448 million.

The Frisco addition is one of several advisor-team recruitments by Wells Fargo this year.