MERRILL INFORMATION HUB
A Curated List of Top-of-mind Content for Merrill Advisors
Answers to the most frequently asked questions when considering a transition from Merrill.
Featured Podcast Episodes
Succession doesn’t have to mean slowing down. This episode explores how Tim Krueger and his $1.4B Merrill team rethought succession, liquidity, and legacy to create long-term continuity.
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After 18 years at Merrill, Neil Rubinstein and his team joined Rockefeller Global Family Office, finding a platform purpose-built for ultra-high-net-worth clients and redefining what “exclusive access” and extraordinary growth can look like for elite advisors.
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John Thiel offers a unique perspective on the evolution of the wealth management industry and his former leadership role at Merrill. Plus, he shares how his new independent firm, Indivisible Partners, is carving a new path for those seeking a firm with a greater focus on the advisor.
LISTENMerrill Articles and Updates
More on Merrill from Our Podcast
Merrill in the News
Top Merrill brokers credit firm’s training program for career success
Jason Diamond Quoted - By Dan Shaw, FinancialPlanning - Financial advisor training programs at Merrill and other wirehouses could certainly help reverse the trend of next gen advisor attrition and supply. But are they up to the task?
READ ARTICLEMerrill Keeps Advisor Comp Steady for 2025
Louis Diamond Quoted - By Glenn Koch, FAIQ.com - The threshold increases are reflective of wirehouses trending toward working with more affluent advisors and trying to nudge lesser producers into self-directed channels or call center roles, according to Louis Diamond
READ ARTICLEHow employee retention, lawsuits and new deals are affecting wirehouses
Jason Diamond quoted By Courtney Hoff Dockerty, Financial-Planning.com - Jason Diamond, an executive vice president at the recruiting firm Diamond Consultants, finds it unsurprising that advisory groups with the most years of industry experience are also those most likely to leave.
READ ARTICLEMerrill loses $1.6B team to UBS amid exodus of firm lifers
Jason Diamond Quoted - By Dan Shaw, FinancialPlanning.com - For the second time in just over a week, UBS Group is announcing the recruitment of a wealth management team overseeing billions in clients assets from its rival Merrill.
READ ARTICLEMerrill Seeks ‘Momentum Change’ With 400% Recruiting Deals–Sources
Louis Diamond Quoted - By Miriam Rozen and Mason Braswell, AdvisorHub - “If someone’s going to look at Morgan Stanley or UBS, then this deal at least puts Merrill in the conversation too,” Diamond said.
READ ARTICLEMerrill compensation changes ‘very advisor friendly’
Jason Diamond Quoted - By Josh Welsh, InvestmentNews - Industry experts give their verdict on the wirehouse’s decision to replace its ‘growth grid’ with a ‘growth award.'
READ ARTICLEMerrill Moves Facilitated by Diamond Consultants (Since 2020)
Valen Private Capital Latest Merrill Breakaway to Join Sanctuary Wealth
AdvisorHub - John Durham, former wirehouse advisor managing $477 million launches independent firm serving ultra-high-net-worth families
READ MOREMerrill Loses $1.8 Billion Advisor Team to Wells Fargo, Hires $805 Million Team From UBS
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.
READ MOREThe Story Behind OpenArc’s Decade-Long Journey to Independence
Louis Diamond, Quoted By Alex Ortolani, WealthManagement.com - Inside OpenArc’s $129B transition from Merrill to independence, a milestone move reflecting how top teams are redefining the RIA landscape.
READ MOREShirl Penney: Dynasty’s OpenArc deal marks ‘watershed moment’ for RIAs
By Andrew Cohen, InvestmentNews - Amid the ongoing legal fallout of OpenArc’s breakaway move from Merrill Lynch, Dynasty CEO Shirl Penney contends the $129 billion mega-team’s decision represents a “watershed moment” of momentum for the independent RIA model over wirehouses.
READ MOREWells Fargo Lands Advisors Overseeing Nearly $1 Billion From UBS, JPMorgan
By Karmen Alexander, AdvisorHub - In the largest of the moves, Brian T. Whitney joined Wells’ private client group on Friday in Los Angeles, according to the spokesperson. He produced almost $1.7 million in annual revenue from $400 million in assets, the spokesperson said.
READ MORETransition Announcement: $129B Merrill Team Launches OpenArc Corporate Advisory with Support from Dynasty, Schwab, and Diamond Consultants
We’re proud to share that one of the industry’s largest and most decorated advisor teams has made the leap to independence, launching OpenArc Corporate Advisory, a new national firm based in Atlanta, GA.
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AWARD WINNING
Merrill Advisor Transition Report
Connecting the dots between data from publicly available sources and our own experiences with advisor transitions, this year’s annual Advisor Transition Report answers these questions and more.