Barclays Wealth has hired six new investment representatives from Bank of America Merrill Lynch, Goldman Sachs and Morgan Stanley Smith Barney.
The six new hires had more than $26 million in annual fees and commissions and more than $1 billion in client assets under management. They will work from Barclays’ Boston, New York, and Washington, D.C. offices.
In Boston, Daniel Caso joins Barclays after serving for four years at Merrill Lynch. Before that, he was a managing director in the private client services division at Bear Stearns. He reports to Boston Regional Manager Marty Courage.
In New York, Barclays has hired Robert E. Miller, Jorge Carreras and Carlos Molina. They will report to New York Regional Manager Mark Stevenson.
Miller joins from Goldman Sachs’ private wealth management division, where he had been employed since 1996. Miller was most recently a senior member of the markets desk for fixed income and equity portfolios at the firm. He also previously managed the mid-Atlantic institutional sales team in Goldman Sachs’ equities division.
Both Carreras and Molina join Barclays from Morgan Stanley Smith Barney’s private wealth management division.
Carreras had been with Morgan Stanley Smith Barney since 2007, and has also served in private banking positions at Merrill Lynch and Citibank.
Molina had also been with Morgan Stanley since 2007, according to records from the Financial Industry Regulatory Authority, and before that served for seven years as an international financial advisor at Merrill Lynch.
In Washington, D.C., Douglas R. Bayer and Joseph Gilbert both join from Morgan Stanley Smith Barney. They will report to Washington, D.C. Regional Manager Michael Burke.
Bayer joined Morgan Stanley Smith Barney in 1995 after spending three years at Merrill Lynch’s wealth management division.
Gilbert joined Morgan Stanley in 2008, FINRA records show.
Barclays Wealth in the Americas, with offices in the U.S. and Latin America, focuses on providing customized investment services to high net worth individuals and families.