J.P. Morgan Hires Top Merrill Private Advisor in San Francisco
J.P. Morgan Securities opened the doors of its San Francisco office on Wednesday to Gwen Campbell, a former Goldman Sachs banker who has ranked as one of Merrill Lynch’s most successful brokers in northern California.
“J.P. Morgan offers the resources my clients deserve and unique career opportunities not available at other firms to my team,” Campbell said in a prepared statement.
The advisor, who qualified as one of Merrill Private Wealth’s most prolific gatherers of new accounts during a special “growth award” program held in 2017 and 2018, said on a phone call that she could not immediately comment further on her decision to leave the Bank of America-owned brokerage firm after 12 years.
Campbell, a Harvard MBA with an undergraduate degree Phi Beta Kappa from the University of Pennsylvania, transitioned from Goldman’s equity derivatives desk in 1997 to become a private wealth broker at the company. She jumped to UBS Wealth Management in 2004 and to Merrill in 2008, according to her Merrill biography and her BrokerCheck history.
J.P. Morgan Securities last week lost a seasoned team of three women advisors in New York City managing $1.2 billion to RBC Wealth Management on the same day that it hired three Morgan Stanley brokers in Philadelphia who were overseeing $315 million.