A top millennial advisor and his team with $930 million in client assets have left Merrill Lynch to form Wyeth Private Wealth.
Michael Henley, 34, based in the Wilmington, Del., region, is partnering with Dynasty Financial Partners to launch the new independent firm. He will be chief executive officer and a private wealth advisor of Wyeth. Henley was a senior vice president and wealth management advisor at Merrill Lynch for 10 years.
Also joining Wyeth are seven other professionals, most of whom are in their early or mid-30s, from Merrill Lynch:
· Alison Brooks, co-founder and chief operating officer, private wealth advisor.
· Steve Maconi, founding partner and chairman, private wealth manager.
· Tracy McGuire, founding partner, private wealth manager.
· Mark Jackson, founding partner, private wealth advisor.
. Brittany Kalsky, chief compliance officer, private wealth relationship manager.
· Erin Yake, senior private wealth associate.
· David Clark, private wealth associate.