Merril model succumbs to independents
China Daily | Updated: 2008-10-07 08:10
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Pedestrians pass the New York Stock Exchange. Bloomberg News |
John Krambeer left Merrill Lynch & Co in 2003 after 16 years to start his own investment advisory firm in El Segundo, California. Now he says the turmoil on Wall Street may bring him $200 million from wealthy clients abandoning top-tier brokerages, including his former employer.
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