A 25-year veteran of a St. Paul, Minn., office borrowed almost $9 million over 15 years on muni bond funds pre-pledged to Merrill; partner also leaves office.
Thundering Herd lost net 89 advisors in first quarter but its force of 14,548 is up by 70 compared with March 31, 2016.
Head of San Francisco team who had been with her former firm since 2001 was dismissed for “misuse of telephone caller identification information.”
Leon Friedlander, a Venezuelan native who lives in Florida, jumps three weeks after Morgan Stanley promoted him to managing director.
Merrill focuses on career changers while Edward Jones launches campaign to hire veteran brokers.
Firm asks Los Angeles judge to deny discrimination claim filed by David Hunt, who was with the firm for 23 years.
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.
Most popular stories March 26 to April 1.
Amid a steady exodus in recent months, Merrill picks off Los Angeles veteran from rival.
Citing need to create the “feel of a smaller, more tightly integrated firm,” new boss integrates divisions and creates new “community markets” group to service some 150 smaller offices.