Macquarie Full Service Broking has poached a team of five stockbrokers from rivals Goldman Sachs JBWere.
The five resigned last week from JBWere's Gold Coast office, leaving one remaining staff member.
The brokers are on gardening leave until March 1 after which they will join Macquarie's Queensland operation.
February is traditionally a moving season after bonuses have been paid.
Macquarie have taken 10 staff in the last two years from JBWere.
Macquarie Wealth Management has also signed up CBD Financial Planning (CBDfp) as its first Sydney based partner to affiliate dealer group, Lachlan Wealth Management.
"They have a working model that absolutely fits the culture and goals of Lachlan Wealth Management," Macquarie Wealth Management head Jane Watts said.
CBD Financial Planning is headed by John Darwin and Paul Heanly.