Two Merrill Lynch advisers with $150 million in client assets bolted to launch Snowden Lane Partners’ ninth branch.

Larry Barocas and Debbie Ury of the Strategic Management Group opened the hybrid broker-dealer and RIA’s San Antonio office on Wednesday, according to Barocas. Snowden Lane has hired at least seven ex-wirehouse advisers this year, including another Merrill team that joined the firm last month.

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