The latest moves in the North American wealth management industry.

Bank of America has named Merrill Lynch Wealth Management market executive Livingston Albritten as its market president for Memphis. He succeeds Michael Frick, who continues his role as global commercial banking market manager for western Tennessee, Alabama and Mississippi.

Albritten is responsible for connecting the banking and investment resources offered through the company’s eight lines of business to companies, families and individuals in Memphis, where he is based.

A 15-year veteran of Bank of America, Albritten will continue in his role as Merrill Lynch market executive for the Memphis/Little Rock market. He joined Bank of America in 2004 and is a graduate of Florida A&M University and the Consumer Bankers Association Executive Banking School at Furman University.