Veronica Ni

Merrill Lynch hired Fabio Concesi as an international wealth strategist. Concesi previously worked at Citibank.

The former wirehouse advisor previously generated $1 million in annual revenue, according to RBC.

The new recruits formed a new team after leaving Wells Fargo and Davenport & Company.

The litigator and Washington lobbyist, who will oversee strategic direction and diversity initiatives, does not hold a CFP.

The acquisition of Jemstep follows the steps of Invesco’s competitors to buy or build a digital platform.