Adviser managing $250 million in assets joins HighTower from Merrill Lynch

Adviser managing $250 million in assets joins HighTower from Merrill Lynch
The Thrush Group will be the 10th transition to HighTower this year.
OCT 16, 2016
Advisers managing $250 million in assets have left Bank of America Merrill Lynch to join the HighTower Advisors. HighTower will launch The Thrush Group, an advisory practice based in Westport, Conn. It will be led by William L. Thrush and Meghan G. Rump, according to a statement from HighTower. "We joined HighTower for its sophisticated platform and client-first approach to wealth management," said Mr. Thrush in the statement. (More: See all the latest moves in InvestmentNews' Advisers on the Move database) The Thrush Group will be the 10th team to join HighTower this year, the statement said. Susan Atran, spokeswoman for Merrill Lynch, confirmed the advisers were previously with Merrill Lynch in Greenwich, Conn., but declined to comment further. According to Mr. Thrush's BrokerCheck profile, he had worked at Merrill Lynch since 2007. Prior to that, he was with UBS Financial Services for more than five years. There are two complaints listed on his profile that have been closed. Ms. Rump's BrokerCheck profile shows a similar background as Mr. Thrush's. She was with UBS for just over a year before joining Merrill Lynch in 2007. She has no complaints listed on her profile.

Latest News

Mercer Advisors lands third-biggest deal to date with Full Sail Capital
Mercer Advisors lands third-biggest deal to date with Full Sail Capital

With over 600 clients, the $71 billion RIA acquirer's latest partner marks its second transaction in Oklahoma.

Fintech bytes: FP Alpha rolls out estate insights feature
Fintech bytes: FP Alpha rolls out estate insights feature

Also, wealth.com enters Commonwealth's tech stack, while Tifin@work deepens an expanded partnership.

Morgan Stanley, Atria job cut details emerge
Morgan Stanley, Atria job cut details emerge

Back office workers and support staff are particularly vulnerable when big broker-dealers lay off staff.

Envestnet taps Atria alum Sean Meighan to sharpen RIA focus
Envestnet taps Atria alum Sean Meighan to sharpen RIA focus

The fintech giant is doubling down on its strategy to reach independent advisors through a newly created leadership role.

LPL, Evercore welcome West Coast breakaways
LPL, Evercore welcome West Coast breakaways

The two firms are strengthening their presence in California with advisor teams from RBC and Silicon Valley Bank.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave

SPONSORED The evolution of private credit

From direct lending to asset-based finance to commercial real estate debt.