Top Citi Broker Defects

Richard Zinman, a star Smith Barney broker, and his team left the bank for Credit Suisse on Friday, Business Week reports. Zinman is consistently ranked among the top broker’s in the country in terms of assets under management; he tied for 7th place with two other brokers in Registered Rep’s Top 100 Wirehouse Advisors, published in September, with $5 billion in assets.

Richard Zinman, a star Smith Barney broker, and his team left the bank for Credit Suisse on Friday, Business Week reports. Zinman is consistently ranked among the top broker’s in the country in terms of assets under management; he tied for 7th place with two other brokers in Registered Rep’s Top 100 Wirehouse Advisors, published in September, with $5 billion in assets.

According to the story, Citi executives had been trying to keep Zinman. He and other brokers have been unhappy about the performance of a number of the firm’s hedge funds.

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