People Moves
$160 Million Merrill Lynch Team Transitions To HighTower
The four-strong team has joined HighTower's financial advisor network.
HighTower has launched a new wealth management firm based in West Palm Beach, Florida, which oversees around $160 million in client assets.
PDS Wealth Management, led by managing director Tom Parker, has joined HighTower's network from Merrill Lynch.
Other members of the team include Patrick Dugan, Paul Spencer and Tommy Parker. All three are directors.
Tom Parker has more than 36 years' investment experience. Before he worked at Merrill Lynch, he spent 18 years trading and underwriting US Treasury and Federal Agency debt instruments in New York.
Dugan began his career with Smith Barney before he joined Merrill Lynch.
Spencer was an institutional equity salesman and equity research analyst at Lehman Brothers in New York prior to Merrill Lynch.
Tommy Parker worked as a financial advisor at Merrill Lynch.
