D.A. Davidson acquired four advisors from Merrill Lynch for two of its offices in the Pacific Northwest. Combined, the advisors managed $350 million in assets and generated $1.4 million in annual revenue while at Merrill, Davidson said in a statement.
Kraig Kerr, CFP, a $986,000 Merrill producer, will divide his time between Davidson's Salem and Portland, Ore., offices as a senior vice president, the firm said. Before taking his last job at Merrill in 1995, Kerr worked for Dain Bosworth Incorporated from 1990 to 1995, according to FINRA's BrokerCheck. Leslie Kerr will continue to work with her husband Kraig as a part-time client associate, according to a firm spokesman.
With an annual production of $397,000, former Merrill advisor Michael Larlee, CFP, has left for Davidson's Portland, Ore., office as a branch vice president, according to a firm spokesman. Before he was hired by Merrill in 2006, Larlee spent three years at Seattle-Northwest Securities, according to BrokerCheck records.
Also joining the the firm's Salem, Ore., office is Christine Fordyce as a part-time client associate, a firm spokesman noted. Prior to spending 13 years with Merrill, Fordyce worked at U.S. Bank, according to statements from the firm.
Advisors managing $65 million in client assets recently left D.A. Davidson for ICM Private Client Group, an independent firm affiliated with SagePoint Financial, according to the firm.
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