Merrill Lynch has grabbed more advisors who had worked at Barclays U.S. wealth management division, luring them away before Stifel closes on a deal to acquire the firm.
A Houston-based team of five advisors who had been managing $750 million in client assets at Barclays joined the wirehouse, the firm said. The group consists of 40-year veteran Barry Schneider, Cris Bera, and Chris Dewhurst, plus two support staff members. They operate as Schneider Bera Dewhurst Group.
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