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Merrill Lynch has had some notable recruiting scores recently, including one adviser that oversaw $800 million in client assets. But the wirehouse has suffered a net loss of 145 brokers in the first quarter, and our recent recruiting roundup shows that brokers overseeing more than $1.8 billion in assets have parted ways with Merrill.

Among the biggest winners was Raymond James, which lured advisers to its employee and independent channels. One longtime Merrill veteran who opened an independent practice with Raymond James previously oversaw $400 million in client assets. Snowden Lane Partners, an independent firm founded by former Merrill Lynch executives, also lured away talent from the wirehouse. Two advisers managing about $150 million in assets opened Snowden's newest office in San Antonio.

Meanwhile, UBS lost several advisers to RBC, Raymond James and HighTower. The latter firm helped a group composed of three UBS advisers and one Merrill adviser form an independent practice. Together, they previously managed over $500 million.

Scroll through to see these and other moves.


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