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bank

Merrill Lynch

In network coverage since October 3, 2026 · 16+ stories

3Deals on our tracker

-2Talent net · 12 months4 in · 6 out

Observed recruiting events · 12 monthsOn the wire →

Net -2 · 4 incoming events · 6 outgoing events

Sep 25 · advisor move

Arrivals

Sep 8 · from Wells Fargo

Sep 8 · from Truist

The Vazquez-Monasterio Team

Sep 10 · from UBS Wealth Management USA

Sep 11 · from UBS

Departures

The Hall Wealth Management Group

Sep 4 · to UBS

Tully Cottillion Group

Sep 10 · to Wells Fargo Advisors

Sep 11 · to Raymond James & Associates

Sep 25 · to UBS

Singer Maxey Wealth Management

Oct 12 · to Raymond James Financial Services

Economos Private Wealth

Oct 14 · to LPL Financial

Deal recordFull tracker →

Sep 20, 26Deal announced — coverage

Sep 8, 26Fund launchSchwab · Candidly · Bank of America · Empower · Vanguard Group — coverage

Jul 21, 26Fund launchWellington Management · Bank of America · Blackstone · Vanguard Group

Network coverage

practice

Merrill raises 2027 growth-award bar to $7.5 million and a net four new households

The firm leaves its core grid unchanged and replaces the $150 million Elite Award with three categories that each pay a 50% premium to the growth award.

RIA · Oct 20Phil Scott and Jim Atwood launch $18.6B RIA Latigo Peak in Palm Beach Gardens

Moves · Oct 19Scott and Atwood leave J.P. Morgan Advisors, where they managed $18.6B, to launch Latigo Peak Partners

Moves · Oct 16Merrill adds $1.2B UBS advisory team in Santa Fe

Moves · Oct 15Merrill adds $1.2B UBS team in Santa Fe

move · Oct 14Perennial and Economos teams launch with $1B-plus at Integrated Partners and LPL

Moves · Oct 14Hightower and Merrill teams launch independent practices with $1B-plus in assets

move · Oct 12Indivisible, launched by former Merrill executives, adds $1.1 billion RBC team in Baltimore

The Close · Oct 8Wirehouses lost 517 experienced advisors on net in H1; Wells Fargo, Morgan Stanley gained

Moves · Oct 8Diamond: Merrill, Morgan Stanley, Wells Fargo, UBS net lose 517 experienced advisors in first half

Moves · Oct 8Wirehouses lost 517 advisors net in the first half of 2026

advisor_note · Oct 7Merrill's Form ADV prices manager access at up to $860,000 plus 0.1% of revenue

portfolio · Oct 6Merrill adds third-party manager data fees up to $860,000 and a 0.1% revenue share

M&A · Oct 6Hightower's Bahnsen Group to buy Hightower Naples, adding about $1.1 billion in client assets

M&A · Oct 6Bahnsen Group to acquire $1.1 billion Hightower Naples under its franchise model

Filings · Oct 3Merrill Lynch agrees to pay $39 million to settle cash sweep class action

THE DESK BRIEF

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