A team managing more than $100 million in client assets has left Janney Montgomery Scott to join Merrill Lynch, a spokeswoman said.

Advisor Jon Stevens and his father, Phil, an investment associate, joined Merrill's office in Scranton, Pa., in mid-March, said the firm. They report to Christopher Reber, complex director of the firm's Eastern Pennsylvania complex. Together, they generated more than $646,000 in annual revenues while at Janney, according to Merrill.

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