Recruiting Wars for Teams Heat Up
Recruiters say the departure of Harvey Kadden and his colleagues from Merrill should send a strong warning to Bank of America-Merrill Lynch — either improve the relationship between the bank management and FAs or watch more wealth managers depart.
$1B Merrill Team in New York Jumps to Morgan Stanley
Following Krawcheck’s departure, the group of five veteran advisors led by Harvey Kadden decided to leave, too, sources say. Recruiters says departure sends a strong warning to B of A-Merrill.