Raymond James Grabs Father-And-Son Team From Merrill Lynch Hot

For one thing, Merrill's prospect-facing "find an advisor" database is currently broken, so I can't tell how many other reps the wirehouse has covering Tallahassee.

(Try giving the database your ZIP code. Let's see how long it stays down before they notice.)

For another, the breakaway trend continues at all levels of the industry. Bob and Wyatt Brooks had been at Merrill for 19 and 13 years, respectively, building a $114 million book in the process.

They're making the jump to Raymond James because they wanted more for their clients. They picked the firm because they like the culture -- "it just feels very comfortable being here."

They're a little bigger than average for their new firm, where the typical advisor runs about $52 million in client assets.

http://www.onwallstreet.com/news/raymond-james-hires-father-son-advisor-team-2674667-1.html

This Website Is For Financial Professionals Only