People Moves
Merrill Lynch Recruits From Morgan Stanley In Ohio

Merrill Lynch has added a four-person team in Cincinnati from rival Morgan Stanley.
Merrill Lynch has hired financial advisors Stephen Renie, Michael Arthur and Jennifer Hall in Cincinnati, OH, from Morgan Stanley.
The four-person team includes Kristin Fedders, a registered client associate, and will report to market executive John Nicholson.
The team, which works with high net worth families and institutions, has $300 million in client assets under management.
Meanwhile, in other recent news at Merrill Lynch, the firm said it is refocusing on clients with at least $2.5 million in investable assets outside of the US (see related article here.)