Merrill Lynch team breaks away from Bank of America (yes, ironically) to get better access to bankers
Mindy Diamond Quoted – By Brooke Southall, RIABiz – James Maher is forming Archford Capital Strategies as a wealth manager that needs capital galore to unlock his clients’ billions in assets from illiquidity. Mindy Diamond, chief executive of Diamond Consultants, who assisted in consulting the breakaway, says that Maher’s team bumped up against the same concern as other Merrill brokers but that it just manifested itself differently.
