Morgan Stanley adviser who managed $240M in assets jumps to Merrill Lynch

A financial adviser who previously managed more than $240 million in client assets has left Morgan Stanley to join Merrill Lynch. Brad Weinman serves high-net-worth individuals and families in West Palm Beach, Fla. Last year, he generated revenue of $1.8 million, according to Merrill Lynch. “After meeting with other firms and conducting months of due diligence, Brad ultimately chose the combination of Bank of America and Merrill Lynch, noting that our goals-based wealth management process and deep platform distinguishes us from other firms,” Daniel Markow, who oversees Merrill Lynch's Palm Beach market, said in a statement. (More: See all the latest moves in InvestmentNews' Advisers on the Move database) Christine Jockle, a spokeswoman for Morgan Stanley, confirmed the departure of the adviser, but declined further comment. Mr. Weinman had worked for Morgan Stanley since March 2006, according to Financial Industry Regulatory Authority Inc.'s BrokerCheck. Before that, he was employed by Citigroup Inc. He has been a registered rep since October 1983, according to BrokerCheck. Merrill Lynch's wealth management business had 14,416 advisers at the end of June and $2 trillion in client assets, according to a supplement to the bank's second-quarter earnings report.