Advisors on the Move: Merrill Reels in Recruits With Nearly $3B in AUM
The battle for top talent has been heating up, as firms like Merrill Lynch and Dynasty Financial lure away billion-dollar teams from rivals. Last week, a team managing $3.25 billion in assets left Deutsche Asset & Wealth Management to form its own RIA with Dynasty. In June, Merrill recruited more than 20 advisors managing nearly $3 billion in client assets. Meanwhile, regional brokerage Baird picked up several Wells Fargo advisors managing a combined $1.1 billion in assets.
Click through to see these and all the latest recruiting moves.