The private wealth management division of Australia’s Goldman Sachs JBWere has commenced an internal and external recruitment programme to replace around 35 client advisors who have resigned in Brisbane, Adelaide, Perth and Melbourne. Many of the departing advisors have subsequently joined Macquarie and Citigroup. Currently Goldman has 95 client advisors in Australia. Since the resignations four advisors have been recruited into both the Perth and Adelaide offices. Goldman said that in the Melbourne head office, where the US-based firm still has over 50 advisors, the need to rebuild is less urgent. Eleven advisors recently left the Melbourne office to go to start-up stockbroker Evans and Partner, founded by David Evans, who resigned as GSJBW chief of staff in March last year after running the private wealth division before 2004.