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Merrill Lynch wealth management head John Thiel stepping down

Mindy Diamond Quoted - By Greg Iacurci, InvestmentNews - Merrill Lynch Wealth Management is poised to take on new leadership at the beginning of next year, as Andy Sieg, the head of Global Wealth and Retirement Solutions at Bank of America, takes over for current head John Thiel, the company announced Thursday.

Investment News

Mindy Diamond Quoted
By Greg Iacurci

Merrill Lynch Wealth Management is poised to take on new leadership at the beginning of next year, as Andy Sieg, the head of Global Wealth and Retirement Solutions at Bank of America, takes over for current head John Thiel, the company announced Thursday.

“He’s a great leader,” Mindy Diamond, president of Diamond Consultants Inc., a recruiting firm, said. “I think he knows what it means to be a financial adviser, so he’ll absolutely demonstrate an ability to listen to advisers, raise morale and take the business to a good place.”

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