Merrill Lynch added a net total of 76 experienced advisors to its roughly 14,100 financial advisors in the first quarter.

Brokerages are not alone among financial services firms looking for experienced employees in the face of future wealth.

Peter Charrington, global head of Citi Private Bank, distinguished his roughly 450 private bankers from their broker peers as having a different skill set for their work serving ultra high net worth clients who have a minimum of $25 million.

Those individuals are rare, Charrington said. Still, he would like to see Citi add but around35 private bankers this year worldwide.

First « 1 2 » Next