Updated Saturday, September 5, 2015 as of 10:18 AM ET

Abbot Downing Nabs Industry Veteran from Merrill Lynch

Abbot Downing, the ultra-high-end wealth management business of Wells Fargo, has nabbed industry veteran Paul Cummings from Merrill Lynch to serve as regional managing director for the Northeast Region. Cummings will oversee the delivery of asset management, banking, planning, trust and fiduciary, and family dynamics services through offices in New York and Philadelphia, the bank announced Thursday.

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