Recent industry movement and recruitment activity.
Departure of $10-million trio in DC, compounded by wooing back of one, raises questions about bank’s ability to maintain loyalty in its tightknit wealth management unit.
Todd Ryman and Will Rhodes in Atlanta were managing around $200 million of client assets.
Andrew LeBlanc leaves financial district flagship for a “family office,” bringing count of emigrants from the financial district branch since December to at least 11 advisors.
Amid a steady exodus in recent months, Merrill picks off Los Angeles veteran from rival.
Departure comes as firm unveils new national “bullish” ad campaign.
Broker was attracted by fewer marketing restrictions and less channel conflict at the rival wirehouse, a source said.
Ned Kennedy to run new HNW branch for Wells Fargo in Chicago; Jeremy Geller to lead strategy at JPM for lower-tier private bankers.
Despite a major slimming-down of its foreign client business, Merrill nabbed an advisor managing $200 million in assets for non-U.S. clients.
Less than a year after being named a top ten branch manager by a national magazine, a Florida broker goes to work for a local RIA and registers as Uber driver.
Six went Friday to Morgan Stanley, which has flaunted a less restrictive retirement account policy for brokers than has Merrill.