Friday, August 17, 2007

Merrill Grabs Advisors Producing $5.5 million From Rival UBS

Let the recruiting wars begin again! Merrill Lynch recruited a team of three producers, and their support staff, with $2.5 billion in assets under management and $5.5 million in trailing 12-month production away from UBS last week.

Estimates on the EFL are up to 11 million dollars. That estimate is undoubtedly high, but who says retail is dead?
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