No bull: Millionaire ranks growing - 2005-04-11 -
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Published on: 4/8/2005
Last Visited: 4/11/2005
That's also the group's key advantage, said Mark Casey, Dallas director of the private banking group.
The Dallas hub will have six teams with six to eight on each -- or up to 48 local employees.Employees, most of which are coming from within the Merrill Lynch organization, have a mix of skills from investing to estate planning and trust organization.Each team will average 50 to 60 clients.
"We're better positioned to deliver customized services because of our global resources," Casey said.
The ultra-high-net-worth crowd wants institutional-style investment products.Because of its size, Merrill can deliver that, he said.