Recruiting Roundup: Wells Fargo, Merrill Nab Morgan Stanley Reps

Deutsche Bank Wealth Management says it has welcomed Jake Block to San Francisco, where he joined the team responsible for growing the firm's private bank business in the region. Block joins as director and reports to Russell Daulton, San Francisco market manager.

Block was formerly at BNY Mellon Wealth Management, where he was a senior wealth director; earlier he was an executive director at Nomura Securities International.

MV Financial, an asset management firm that services retirement plans and high-net-worth families, has appointed Chris Schaefer to head its retirement-plan practice group, a newly created position. Schaefer has been with MV Financial for 14 years.

The retirement practice that Schaefer will oversee serves 401(k), 403(b), 457(b) and defined benefit plans in the private and non-profit sectors, with clients who work for government contractors, professional-services firms, non-profit organizations and trade associations in the Mid-Atlantic region and Washington, D.C. area.

Read the Sept. 22 Recruiting Roundup at ThinkAdvisor.