NEW YORK, March 23 Bank of America
Merrill Lynch hired a team of four financial advisers in New
Jersey from rival brokerage Morgan Stanley, the bank said
Michael Greenstone, John Araneo, Margie Manning and Anita
Srivastava joined Merrill Lynch in Glen Rock, New Jersey,
earlier this month.
While at Morgan Stanley, the foursome managed around $343
million in client money, according to a Bank of America press
Morgan Stanley spokeswoman Christine Jockle confirmed that
the advisers left the firm but declined to comment beyond that.
Merrill Lynch Global Wealth Management has around 14,600
financial advisers who manage $2.1 trillion in client assets.
(Reporting By Elizabeth Dilts)