|
Tuesday, February 9, 2010
|
|
|
|
|
|
Merrill’s wealth unit adds high-producing advisers
On the heels of being acquired by Charlotte, N.C.-based Bank of America Corp., Merrill Lynch’s global wealth management group has picked up a number of key advisers from rival financial services companies.
Among the brokers joining Merrill Lynch & Co. Inc. are Jay Thornton from New York-based Morgan Stanley and Robert Dyer and Thomas Dexter from Lehman Brothers Holdings Inc. All three firms are located in New York. Mr. Thornton produced more than $5.3 million in commissions and fees and managed $1.3 billion during his stint at Morgan Stanley while Mr. Dyer and Mr. Dexter produced over $2.9 million with $921 million in combined assets at Lehman. Another broker who has crossed the street to join Merrill is Edward Dulin from New York-based UBS Financial Services Inc., who had more than $2.1 million in production and managed more than $181 million in assets. Nine advisers from St. Louis-based Wachovia Securities LLC, who together had more than $5.6 million in production and managed in excess of $800 million in assets, were also scooped up by Merrill. The Wachovia hires are: Michael Avadikian, Stefan Contorno, Elizabeth Goldthwaite, Joyce Harris, Phil Kousaie, Donald Limacher, Rhett Merchant, Mark Robles and John Straughn.
Recommend this article?
User Comments
Reproductions and distribution of the above news story are strictly prohibited. To order reprints and/or request permission to use the article in full or partial format please contact our Reprint Sales Manager at (732) 723-0569.
|
 |
|
|
|
|
Fund Data Provided by
|
Markets Data Provided by
|
 |
 |