After announcing its intention to ramp up their home-grown advisor training program, Merrill Lynch Wealth Management has added seven new advisors to its team.
The seven men, who join offices in Florida, Michigan and California, all hail from rival Morgan Stanley Smith Barney where they produced a combined $4.68 million in productivity and $559 million in client assets.
In Weston, Fla., James McKenzie, Ricardo Quiros and Mauricio Rubio are the largest earners in the group, representing $2.09 million in productivity and $235 million in client assets.
Robert Steingold and Geoffrey Orbach produced $1.42 million in revenue while overseeing $176.8 million in assets. The two join Merrill Lynch’s offices in Troy, Mich.
Douglas McPherson and Dean Ridgway will be based out of San Diego, Calif., and drove $1.16 million in productivity from an AUM of $147.5 million.