July 22, 2019
By Andrew Welsch
A team that managed $1 billion in client assets quit Merrill Lynch to join J.P. Morgan Securities, the bank’s high-end brokerage unit.
Financial advisors Christopher Andrews, Jacob Robert Webb, David Luther signed on with J.P. Morgan Securities in Palm Beach, Florida, where they report to regional director Rick Penafiel.
In a statement, Andrews said his team switched to J.P. Morgan Securities for the firm’s resources and “long history of providing holistic wealth management services to high-net-worth families, business owners and foundations.”
