Merrill Lynch

The group includes an advisor who started his career at Merrill in 1977.

The new recruits include a 34-year industry veteran.

The new information sheds light on how an industry leader is grappling with one of the profession’s most pressing issues.

The new additions oversaw more than $275 million at their former employers.

Of the 330,000 new accounts opened this year, about a third were for clients 35 or younger.

Do RIAs still have a clear advantage when it comes to modern planning software?

“I wanted to be able to walk in the door and only be able to answer to one constituency: my clients,” advisor Andy Ferguson says.

The new hires were previously at Merrill Lynch, UBS, and BB&T.

The initiative is intended to help advisors manage increasingly large and complex teams.

The new recruits cited their new employer’s technology platform as motivation for making the career change.