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Cooke Financial Group on Financial Advisor IQ

Posted: November 23, 2016 - Publications

A Chicago wealth management and investment banking firm has snatched a $1.7 billion financial advisor team from Wells Fargo Advisors, the Indianapolis Business Journal reports.

Led by brothers Chris and Brian Cooke, the 11-person Cooke Financial Group will become the largest branch of 108-year old firm David A. Noyes & Co., according to the publication. The Cookes are joining the firm as partners and will buy into Noyes to become part owners, Chris Cooke tells IBJ.

Cooke Financial plans to keep its employees as well as its office, which it will sublease from Wells Fargo, the publication writes. The firm will also continue working with custodian and clearing services provider First Clearing Corp., which is a Wells Fargo affiliate.

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