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Merrill duo managing $700 million joins RIA

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Boca-based Robert Marton and John Bute have joined Lido Advisors, headquartered in Los Angeles.

Robert Marton and John Bute, who managed $700 million at Merrill Lynch in Boca Raton, Fla., have joined Lido Advisors, a registered investment adviser headquartered in Los Angeles.

[More: See more adviser moves in InvestmentNews’ Advisers on the Move database.]

Mr. Marton began his securities career at Morgan Stanley in 2000, joined Wachovia in 2006, and moved to Merrill Lynch in 2008.

[Recommended video: Aaron Klein: New tools will help investors trade through the Riskalyze lens]

Mr. Bute began his career at Morgan Stanley in 1999. He also moved to Wachovia in 2006 and to Merrill Lynch in 2008.

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