By Andrew Welsch, Barrons – the wealth management unit of Bank of America hired three former UBS advisors: Robert Procaccianti, Jared Tack, and Doug Bennet. The trio signed on with Merrill in Providence, R.I.
The wealth management team led by Robert Procaccianti, Jared Tack, and Doug Bennet has joined Merrill in Providence, Rhode Island, bringing $800mm+ in client assets from UBS.
by Diana Britton, WealthManagement.com – After 17 years with Merrill, Oklahoma City-based advisors Alain Verhille and James S. Wood are launching Auctus Legacy Private Wealth Management under LPL’s employee model for high-net-worth-focused advisors.
by Ross Snel, Barrons.com – A Merrill Lynch financial advisor team has become the first to join LPL Financial’s Private Wealth Management unit since its launch in November, LPL said Tuesday.
Breakaway Wealth Management is a young, entrepreneurial team that values simplicity and transparency, with a desire to operate independently and provide a wider range of options and more personalized attention to their clients.
By Karmen Alexander, AdvisorHub – A Merrill Lynch team whose leader said some other high-producing defections motivated his own exit has taken his $2.7 million group to LPL Financial in Hoboken, New Jersey.
By Sam Del Rowe, FAIQ.com – Raymond James announced that an advisor team has joined its employee advisor channel, Raymond James & Associates, from Merrill Lynch, where they had about $185 million in client assets.
By Kenneth Corbin, Barron’s – RBC Wealth Management has notched another recruiting win, luring a Florida team with $560 million in client assets away from Merrill Lynch.
Debbie Wallen Quoted, By Miriam Rozen and Mason Braswell, AdvisorHub – RBC Wealth Management-U.S. has reeled in a Merrill Lynch Wealth Management team of three brokers in Winter Park, Florida, who had managed roughly $560 million in assets, an RBC spokesperson confirmed.
By Investment News – Kyle Smith and Michael Sandlin, who managed $740 million at Truist Investment Services in Raleigh, North Carolina, have joined Linsco, the employee channel of LPL Financial.
