Merrill Lynch grabbed an RBC team managing $300 million in client assets, a spokeswoman said.
Last week, advisors Ronald Slevin, George Gladman and Jared Stone, along with client associate Jeffrey Tucker, joined Merrill in New York. They report to Jeffrey Tucker, managing director and complex manager for Merrill's Fifth Avenue Financial Center.
While at RBC, the team's production last year was about $2.5 million, according to the Merrill spokeswoman.
Slevin has been in the industry for nearly four decades, according to FINRA records. He began his career in 1976 at J.B. Hanauer & Co., and made stops at PaineWebber and Smith Barney before joining RBC in 2005.
Gladman started his career at UBS in 2004, moving to RBC two years later. Stone, an industry newcomer, joined RBC in late 2014, according to FINRA records.
Merrill recently announced the addition of a UBS team managing $500 million in assets. Advisors Robert Debbs, who heads the group, Frederick J. Shapiro, Steven F. Colamarino, and Albert David Hutzler III joined Merrill's office in Palm Beach, Fla..
- $500M Team Jumps to Merrill From UBS
- Advisors on the Move: Merrill Grabs $1.2B Team
- Advisors With $240M Join Ameriprise