In a letter to the firm that administers the protocol, J.P. Morgan specified that its participation does not extend to its branch-based advisors, some of whom they are charging in court with soliciting former clients.
The team, which will run RBC’s new Lake Forest, Ill., branch, is the latest to jump ship at Merrill Lynch.
The mergers, acquisitions and advisor moves you may have missed the week of April 19, 2021.
The world’s 500 richest people added $1.8 trillion to their combined net worth last year, lifting the total to $7.6 trillion.