Wells Fargo’s new RIA channel has added another pair of financial advisors from within Wells Fargo Advisors.

Sarah Berry and Michael Machnowski have launched the Berry Group as a fee-only RIA in Worcester, Mass., bringing along wealth advisor Oliver Cragan and senior client service officer Cathy McGinty, the company says in a press release.

Berry began her financial services industry career in 1978 at Wells Fargo predecessor A.G. Edwards & Sons and transitioned to Wells Fargo Clearing Services in 2008, according to her BrokerCheck profile.

Machnowski began his industry career in 2000 and joined Wells Fargo in 2009, according to BrokerCheck.

At the end of 2018, Wells Fargo announced plans to launch several RIAs this year. In January the firm said it would launch services to support its own as well as outside advisors who want to start independent RIAs, as reported.

This included a new custody service through its First Clearing unit and office and technology support from TradePMR, with which Wells Fargo has worked for two decades.

"Clients were able to seamlessly transition to our new RIA firm with only a few signatures. Account numbers and standing instructions stayed intact, and they remained in their current positions," Machnowski says in the press release. "Earlier this year, TradePMR and First Clearing announced a streamlined transition process for financial advisors looking to establish their own independent RIA. We are thrilled to be able to offer this seamless process to our clients."

John Peluso, president of First Clearing, told the press last month that the new RIA channel already had four advisors and was on track to have 11 firms total in 2019.