Bank of America Merrill Lynch exec named to lead ING broker-dealer
Thomas Halloran, who was the managing director overseeing product strategy and acquisition for Merrill Edge, named to lead B-D ING Financial Partners.
ING U.S., one of the nation’s largest insurers, Thursday named an executive from Bank of America Corp.’s mass-affluent brokerage business to lead its broker-dealer.
Thomas Halloran, who was the managing director overseeing product strategy and acquisition for Merrill Edge, will be president of ING Financial Partners, ING spokeswoman Maggie Dietrich said in a statement. Merrill Edge is Bank of America Corp.’s self-directed online brokerage business for mass-affluent customers.
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Mr. Halloran replaces Karl Lindberg, who the firm said will develop and oversee IFP’s advisory practice and service model. Mr. Halloran will start Nov. 18.
The broker-dealer is a unit of ING U.S., an insurance, investment and retirement-plan provider that is soon re-branding as Voya Financial after being spun off by its Dutch owners.
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