A team of brokers managing about $1 billion in client assets has left Merrill Lynch, the latest sign financial advisers and assets continue to move from Wall Street firms to the ranks of independent advisers. Kelly Bouchillon, Melissa Bouchillon, Emerson Ham and Edward Ambrose have left Merrill Lynch, the brokerage arm of Bank of America Corp., to launch Sound View Wealth Advisors, an independent wealth-management firm based in Savannah, Ga., the group said Monday. The team said most of their clients are high net worth families...

Source: Wall Street Journal March 26, 2018 16:45 UTC