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Merrill Lynch and Bank of America cultural tension may spin out a new round of breakaways, recruiters say

A big Maine team goes to HighTower; more Merrill brokers in pipeline, says Weissbluth

Author Brooke Southall February 24, 2011 at 3:36 PM
2 Comments
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Ed Simmons has a doctorate from Harvard and a 24-year tenure with Merrill Lynch. He became an RIA on Friday.

Breakaway Stories


Jeff Spears

Jeff Spears

February 24, 2011 — 4:23 PM

I’ve seen this movie before! When Bank of America acquired my firm, Montgomery Securities, they “played nice’ for the first few years and then they started to treat us like bankers.
My business partner and I wrote a blog about this on September 25, 2008 that continues to generate hits in 2011! In fact the number of hits has spiked recently…hmmm. Not to 4,000 but higher than 50.

http://blogonwealth.blogspot.com/2008/09/its-time-to-learn-more-about-universal.html

Chris

Chris

February 24, 2011 — 4:30 PM

Brooke-great to see coverage in the Portland area. Keep up the great work.


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Mentioned in this article:

Tiburon Strategic Advisors
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Top Executive: Charles Roame

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Recruiter
Top Executive: Frederic St Laurent Jr

Diamond Consultants
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