$900 million Merrill team creates RIA firm
A team of Merrill Lynch brokers in Westport, Conn., has set up shop as an independent advisory firm, foreshadowing what many expect to be a broader migration from the giant brokerage.
A team of Merrill Lynch brokers in Westport, Conn., with about $900 million of client assets has left and created its own advisory firm, foreshadowing what many expect to be a broader migration as the New York-based company prepares to be acquired by Bank of America Corp.
Kevin Burns, William Lomus
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