Group in Los Angeles led by John McNamee is at least the third multi-million Merrill team to join the San Francisco bank since August.
James Taylor, a top Next-Gen adviser who Merrill had tapped as 2021 head of its advisors’ “council to management,” took his 13-person team to Morgan Stanley on Friday.
Merrill recruits Wells Fargo manager to fill a void, breaking a years-long recruiting freeze and reliance on a rotating bench of insiders.
Courtney McCarthy, a Merrill management training program grad with ten years of experience, replaces a 32-year industry veteran who is retiring at year-end in Providence, R.I.
New York broker fined $20,000 and suspended for six months by Finra resigned from Merrill three years ago following the firm’s $2.25 million settlement with hip hop star.
80-year-old client accuses Merrill of failing to supervise Miami broker who allegedly directed them to pour $4.5 million of retirement savings into a failing liquor store.
Merrill broker who generated $2.8 million in previous 12 months joins Wells in Houston the same day as $2.3-million UBS producer arrives at a Wells branch in St. Louis.
Merrill duo with $550 million book of assets is 40th team to join Rockefeller.
Nineteen-year Merrill lifer prevails over 13 others in competition to manage 4,400-employee, $2.7 billion wealth management region, company said.
Gwen Campbell, a $4-million-plus producer at Merrill Private Wealth, joined J.P. Morgan Securities with her three associates on Wednesday.