Merrill Lynch ramps up wealth unit in Florida
As its wealthiest clients fly south, the wirehouse plans to double the number of teams catering to ultra-high-net-worth individuals in the Sunshine State over the next few years.
Bank of America Corp.’s wealthiest clients are flying south to Florida. It’s meeting them there.
Merrill Lynch Wealth Management President Andy Sieg said the unit is intensifying its focus on the Sunshine State.
The firm has 20 teams that cater to ultra-high-net-worth individuals there, an
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