Merrill Lynch grabbed an RBC team managing $300 million in client assets, a spokeswoman said.
Last week, advisors Ronald Slevin, George Gladman and Jared Stone, along with client associate Jeffrey Tucker, joined Merrill in New York. They report to Jeffrey Tucker, managing director and complex manager for Merrill’s Fifth Avenue Financial Center.
While at RBC, the team’s production last year was about $2.5 million, according to the Merrill spokeswoman.
Slevin has been in the industry for nearly four decades, according to FINRA records. He began his career in 1976 at J.B. Hanauer & Co., and made stops at PaineWebber and Smith Barney before joining RBC in 2005.