Wells Fargo Recruits $3M UBS Team in Alabama

The team managed $480 million in assets before joining Wells Fargo Advisors.

Published on Feb. 18, 2026

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A UBS Wealth Management USA team producing $3 million in annual revenue has split from the Swiss-owned brokerage to join Wells Fargo Advisors in Huntsville, Alabama. The team, which managed $480 million in assets, is led by advisors Jason L. Schrimsher, David Andrew Mann and Miles Stumb, along with support staff LeeAnn Cassingham and Madison Riddle.

Why it matters

This move adds to a string of recent advisor departures from UBS, which has seen teams managing over $1 billion in assets leave for rival firms like Morgan Stanley. UBS executives have acknowledged an uptick in defections over the past year, though they expect the trend to subside in the second half of 2026.

The details

The team joined Wells Fargo on February 12 and will report to Steve Meadows, Wells' Southern Coast market leader based in Birmingham. Schrimsher first registered with a Morgan Stanley predecessor in 1999 and joined UBS in 2009, while Mann and Stumb started their careers at UBS in 2014 and 2021, respectively.

  • The team joined Wells Fargo on February 12, 2026.
  • Schrimsher registered with a Morgan Stanley predecessor in 1999.
  • Schrimsher joined UBS in 2009.
  • Mann joined UBS in 2014.
  • Stumb joined UBS in 2021.

The players

Jason L. Schrimsher

Financial advisor who led the team that joined Wells Fargo from UBS.

David Andrew Mann

Financial advisor who joined the team that moved from UBS to Wells Fargo.

Miles Stumb

Financial advisor who joined the team that moved from UBS to Wells Fargo.

LeeAnn Cassingham

Support staff member who joined the team that moved from UBS to Wells Fargo.

Madison Riddle

Support staff member who joined the team that moved from UBS to Wells Fargo.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.