Rockefeller Capital Management
The expanding New York firm led by former wirehouse executive Greg Fleming nabs its first Houston advisor and also on Friday hired a $1.5-million broker in Atlanta from Morgan Stanley.
Morgan Stanley Private Wealth’s John Sargent in New York and Merrill Philadelphia-area broker Jeff Harvey bring the roster of wealth teams at Greg Fleming’s shop to 24.
A solo practitioner and a team, each producing $2 million, joined Rockefeller ahead of the Presidents’ Day weekend.
Father-daughter team in New York join another Morgan Stanley alum at J.P. Morgan, Merrill advisor in Virginia producing $1.7 million arrives at Raymond James, and Rockefeller hires a $1.2 million producer in Washington.
Rockefeller hires three new brokers from the wirehouse in Atlanta, and opens its first office in Florida with two others.
Michael Merlin, whose 11-person team reportedly produced around $10 million, left Friday after 21 years at Morgan Stanley and Smith Barney.
Teams that were jointly producing about $8 million of fees and commissions on about $950 million of client assets jump to the wealth boutique run by former wirehouse execs.
After 11 years at UBS and seven at Lehman Brothers, Michael Wallace joins Greg Fleming’s New York-based boutique as its second southern California broker.