ON THE MOVE-Merrill Lynch lands $100 mln managers from Janney Montgomery

April 2, 2015 4:32 PM

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NEW YORK, April 2 (Reuters) - Bank of America's Merrill Lynch said on Thursday it hired a broker away from Janney Montgomery Scott LLC in Scranton, Pennsylvania.

Broker Jon Stevens and his father, investment associate Phil Stevens, joined Merrill Lynch on March 13 from Janney, where the two managed $100 million in client assets and produced roughly $646,000 in fees and commissions last year, according to a Bank of America spokeswoman.

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