Wealth: Munis, The Fed, and a Bottle of Wine – Dow Jones Wealth Advisor
Some advisors say munis make sense for your portfolio. Featuring LLBH d/b/a Coastal Bridge Advisors Partner, Jim Pratt-Heaney. Veronica Dagher reports.
Independence in Aggregate: Former execs pool skills for Coastal Bridge Advisors
As many investors across the country abandon the equity market, the principals of Coastal Bridge Advisors of Westport are drawn to it. Jim Pratt-Heaney of Weston and three other former executives with Merrill Lynch’s Private Banking and Investment Group in Westport began researching breaking off on their own a year ago.Their decision to start a …
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Coastal Bridge Advisors–Live on Fox Business News
The four partners are interviewed live by David Asman on Fox Business News. They highlight their excitement about starting their own independent firm, the clients they enjoy serving every day, and their optimism about the future.
Street Moves: Merrill Team Sets up Independent Firm
NEW YORK (Dow Jones) A team of financial advisors who managed nearly $1 billion in client assets left Merrill Lynch & Co. (MER) on Friday to set up their own independent firm, according to a spokesman for Pershing LLC, a unit of Bank of New York Mellon Corp. (BK). The team’s departure underscores some financial …
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$1B Merrill Team Bolts to Form Indie Firm
A four-member team running nearly $1 billion in client assets left Merrill Lynch last Friday and on Monday turned on the lights for a new wealth management shop in Westport, Conn. The move is yet another high-profile example of the rising outflow of wirehouse brokerage advisors to the independent wealth channel. Formerly known as the …
Ex-Merrill Lynch Westport Team Sets Up Own Firm
A four-person team that managed nearly $1 billion in client assets has left Merrill Lynch to launch a new independent firm in Westport. The team members–Bill Loftus, Bill Lomas, Kevin Burns, and Jim Pratt-Heaney–made the jump following last month’s announcement that Bank of America is buying Merrill Lynch in a $50 billion deal. Thousands of …
