Tom Burroughes
Group Editor
28 August 2012
Daily News Analysis
Bank of America's Merrill Lynch has expanded its broker force in New York and North Carolina by recruiting three senior advisors from UBS’s Americas wealth management group, Family Wealth Report can confirm.
The new hires, who moved to Merrill in early August, managed more than $323 million in client assets at UBS and generated roughly $3 million in annual production last year.
In New York, Lee Miller and Andrew Pleat joined Merrill's Saratoga Springs office after more than five years at UBS Wealth Management Americas. They managed $182.6 million in client assets together and had annual production of $1.2 million.
In North Carolina, Mark Kean joined Merrill's Cary office after eight years at UBS, where he managed $140.5 million in client assets and generated $1.8 million in annual production. Kean, a roughly three-decade industry veteran, worked at Citigroup prior to joining UBS's Raleigh office.
