Robert Marton and John Bute, who managed $700 million at Merrill Lynch in Boca Raton, Fla., have joined Lido Advisors, a registered investment adviser headquartered in Los Angeles.
Mr. Marton began his securities career at Morgan Stanley in 2000, joined Wachovia in 2006, and moved to Merrill Lynch in 2008.
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Mr. Bute began his career at Morgan Stanley in 1999. He also moved to Wachovia in 2006 and to Merrill Lynch in 2008.
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