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Merrill Lynch Recruits $1 Billion Advisor Team From UBS In New York

Eliane Chavagnon

4 October 2013

Merrill Lynch Wealth Management has hired an advisor team from UBS Private Wealth Management with over $1 billion in assets and over $11 million in production.

The team - comprised of Stephen Ruvituso, Lee Konopka, Robert Matluck and Todd Stankiewicz - joins Merrill’s White Plains, NY, complex. They report to the private banking and investment group office in Boston, MA.

Meanwhile, Robert Brust has joined Merrill’s Ponte Verda, FL, office from Wells Fargo. Brust has $110,208,188 in AuM and $871,605 in production.

Last month, Merrill Lynch Wealth Management also added to its private banking and investment group with hires in Denver, CO, and Florida.