Murder trial of star executive Michelle Avan delayed

Murder trial of star executive Michelle Avan delayed
Michelle Avan
Charged with murder, Anthony Turner's trial was scheduled to begin Monday.
SEP 16, 2024

The murder trial of the accused killer of Michelle Avan, the Merrill Lynch and Bank of America executive who died at her home in Los Angeles in August 2021, was scheduled to begin Monday but has been delayed until March because a detective key to the investigation is unavailable.  

A Bank of America Corp. executive, Anthony Turner, three-years ago was charged just days after Avan’s brutal murder and fatal beating.

According to the Los Angeles County District Attorney's office at the time, Avan, a victim of domestic violence, was the former girlfriend of Turner, 56.

Detective Sharon Kim, who “collected, transported, and booked the buccal swab of [Turner] which is the basis for all DNA comparison in this case,” as well as interviewing more than a dozen witnesses, will not be able to testify in the trial because she will be on maternity leave, according to a court filing on Friday.

On August 3, 2021, Turner allegedly entered the 48-year-old victim’s home and killed her before leaving on Aug. 4, according the District Attorney's office at the time. The next day, Avan’s son discovered her body inside the house.

According to a website dedicated to her memory, www.MichelleMovement.org, Avan, along with a son, had a daughter and a grandchild.

Turner pleaded not guilty at the time and was released on $2 million bail after his arrest, according to a report on ThinkAdvisor.com, an industry news website.

A judge denied prosecutors’ request for no bail but imposed stringent conditions on his release, including electronic monitoring, a curfew, a ban on female visitors and a requirement to stay away from airport, railroad and bus terminals, according to the report.

According to his BrokerCheck profile, Turner was registered for only a few months with Merrill Lynch in 2005 and then again in 2016 before starting his employment at BofA Securities in 2019.

Starting at Merrill Lynch in 1998, Avan was a 23-year veteran and managing director with Merrill who moved over to Bank of America as a senior vice president just months before her death.

Her broader role was as the head of global women’s and under-represented talent strategy, global human resources for the bank, where she was responsible for its comprehensive strategy and efforts to attract, hire and retain diverse talent across the company.

She was a recipient of Bank of America’s Global Diversity & Inclusion award as well as a co-chair of the company’s Black Executive Leadership Council business initiative. She also won a 2021 InvestmentNews Excellence in Diversity, Equity and Inclusion Award.

Latest News

Advisor moves: Ameriprise lands three RBC teams with $1.2B; Wells hails $900M recruiting haul
Advisor moves: Ameriprise lands three RBC teams with $1.2B; Wells hails $900M recruiting haul

Raymond James and Cetera also welcomed advisors from UBS and LPL as competition for experienced teams stays fierce

Atlanta B-D Arkadios Capital pays $500K to settle investor lawsuit involving former broker.
Atlanta B-D Arkadios Capital pays $500K to settle investor lawsuit involving former broker.

Jim Walesa worked in the securities industry for 39 years before leaving in 2021.

A tale of two consumers: The growing divide between Wall Street and Main Street
A tale of two consumers: The growing divide between Wall Street and Main Street

As the market turned from pricing in cuts to betting on hikes this year, the developing reality of a K-shaped economy has real implications for households and investors alike.

People moves: XYPN president Vince Hockett to retire in 2027
People moves: XYPN president Vince Hockett to retire in 2027

Also, SEI names LPL’s Kristie Edling-Day as CIO, TD Bank U.S. taps Hardeep Walia to lead wealth, and BMO adds an Illinois regional president

Family offices poured $68.3B into AI and RIA deals in Q3 2026
Family offices poured $68.3B into AI and RIA deals in Q3 2026

FINTRX data shows 342 company transactions in the quarter, with wealth management consolidation driving nearly one in seven deals.

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor