Two advisers who had managed $850 million of assets at Merrill Lynch in the Denver area have joined Rockefeller Capital Management.
The four-person team, which is based in Greenwood Village, Colorado, operates as the Hablutzel Group.
The team is led by Brent Hablutzel, and includes Zachary Bond-Stefo and client associates Lori C. Caddey and Shayna Yallaly.
Hablutzel has 17 years of experience, all of it at Merrill, according to his BrokerCheck profile, while Bond-Stefo started his career at Merrill in 2019.
Most firms think they are ready for the ultra high net worth market. Most are not.
Stifel has paid or is on the hook for close to a staggering $200 million in damages and settlements to former clients of Chuck Roberts.
UBS also expanded in the Southeast with six advisors overseeing more than $2 billion, while Osaic lured a $300 million family-led practice from Wells Fargo's FiNet.
The new AI workspace rollout promises to automate the full advisor workflow just as third-party tools wage a turf war for central control of wealth firms' tech stacks.
Mega-RIA picks up $250M advisor, while three firms head for &Partners.
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.
As $84 trillion prepares to change hands, advisors who treat estate planning as peripheral are quietly building a sieve, not a book.