Acupuncture in Merrill Lynch, NJ

It's hard to deny that we live in a world where health issues seem to be increasingly common. From allergies that baffle doctors to chronic pain that never seems to go away, it's no secret that many individuals struggle to maintain good health. Respiratory issues, reproductive complications, and other conditions add to the mix, making it clear that we're all susceptible to some kind of malady.

Unfortunately, many modern doctors still believe that throwing pills at the problem or scheduling surgery is the best way to provide long-term relief. While certain serious conditions can warrant such extreme treatments, a large percentage of Americans are looking for something far less harmful and much more holistic. They're looking high and low for a reliable, well-studied solution that doesn't require time off work or sketchy pain medications.

At NJ Sports Spine & Wellness, one of the most effective and exciting treatments we've seen work for such patients is acupuncture in Merrill Lynch, NJ - a modern take on an ancient treatment that has been used for thousands of years.

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If you're new to holistic healing, acupuncture may seem intimidating. You might be wondering how needles pressed into your skin could possibly make you feel better. Wouldn't someone pushing a needle into your back be painful? As it turns out, acupuncture is far from painful and is quickly becoming one of the most sought-after treatments for chronic pain and for regulating issues relating to:

Digestion
Hormones
Breathing
Muscles

Nerves & Brain
Sex & Libido
Body Circulation
Organs & Heart

In fact, acupuncture has been studied and practiced for over 2,500 years and, more recently, has been researched and supported by many scientific studies. While acupuncture may not be a "miracle" treatment for every type of pain or condition, it has been shown to be effective in treating a wide range of issues, from depression and allergies to morning sickness and cramps.

Covering the Basics of Acupuncture in Merrill Lynch, NJ

Acupuncture is a therapy in traditional Chinese medicine (TCM) that aims to balance the body's energy, called qi, which flows through pathways called meridians. This balance is crucial for overall wellness, as disruptions to qi can lead to health concerns. According to TCM, inserting small stainless-steel needles into specific points called acupoints along the meridians can help rebalance the flow of qi and restore overall health.

These acupoints are believed to release certain chemicals when stimulated, which can trigger an immune response and promote physiological homeostasis. Recent research suggests that this therapy may help alleviate symptoms of various health ailments.

In fact, the National Institute of Health conducted a survey on complementary health approaches, revealing that acupuncture usage in the United States has increased by 50 percent between 2002 and 2012. As of 2012, 6.4 percent of American adults have reported using acupuncture as a form of treatment.

Is Acupuncture in Merrill Lynch, NJ Actually Legit?

One of the most common questions from new patients interested in acupuncture typically revolves around whether it really works or whether it's all "new age" malarky. We get it - for most folks, the thought of inserting stainless-steel needles into one's back, arms, or neck sounds loony. However, with the ever-increasing popularity of acupuncture in New Jersey and other locations, numerous studies centering on acupuncture's effectiveness have taken place.

Extensive research has been conducted on the effectiveness of acupuncture for various conditions. A February 2022 analysis published in the BMJ, which evaluated over 2,000 scientific reviews of acupuncture therapies, revealed that acupuncture's efficacy is strongest for:

Neck Pain
Back Pain
Post-Stroke Aphasia
Muscle Pain
Lactation Issues

Lower Back Pain
Asthma
Allergies
Vascular Dementia
More

Additionally, according to the National Institutes of Health (NIH), acupuncture is most effective for pain relief in cases of chronic conditions such as osteoarthritis, lower back pain, and tension headaches. Additionally, a review of 11 clinical trials found that acupuncture may also alleviate symptoms associated with cancer treatment, as noted by the NIH.

What Happens During an Acupuncture Session at New Jersey Sports Spine & Wellness?

When meeting with your acupuncturist for the first time, they will discuss your condition with you before conducting a physical examination to identify areas of your body that might respond to acupuncture. The needles used in acupuncture are incredibly thin, sterile, and disposable, with your acupuncturist inserting them at different depths ranging from a fraction of an inch to several inches.

Acupuncture needles are less painful than medical needles used for vaccines or blood draws. This is because acupuncture needles are thinner and solid, not hollow. During the treatment, you may experience some muscle sensations like dull aches or tingling.

Your practitioner will ask you to report any deep heaviness or numbness, which are positive signs that the treatment is working. Depending on the condition you're treating and the supplemental treatments you're undergoing, like physical therapy, acupuncture needles will remain in place for several minutes or up to 30 minutes.

Once your first acupuncture treatment is finished, it's normal to feel extra relaxed and calm. For that reason, some patients like to arrange for a ride home after their first or second session. With that said, you shouldn't experience much pain at all, and it's quite possible for you to return to work after acupuncture.

How Many Treatments Until Acupuncture Works?

This is another common question that we get at New Jersey Sports Spine & Wellness. The simple answer is, "It depends." While we understand that that's not a satisfying answer for some, it's important to understand that every patient is different. Everyone has different bodies and, by proxy, different bodily conditions and issues that need to be addressed.

During your initial consultation at our office, your licensed acupuncturist will go over your needs and goals as it relates to acupuncture therapy. Once your therapist has a good sense of the scope of your needs, they can give you a loose idea of how many sessions you'll need.

Generally speaking, most patients have appointments once a week. Others may require more or less frequent sessions. It's important to note that the full benefits of acupuncture may not be immediately evident after the first or even the second session. It's common for normal patients to undergo up to five treatments to realize the full benefits of acupuncture.

What Conditions Are Treated with Acupuncture in Merrill Lynch, NJ?

There's no question that acupuncture is more popular than ever as a non-invasive, non-addictive way to reclaim balance and well-being. But what types of conditions can this traditional therapy help alleviate in the modern world? Advances in acupuncture techniques and applications have resulted in some very promising benefits.

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Relief from Chronic Pain

Did you know that regular acupuncture treatments can help reduce the pain associated with osteoarthritis? In May 2017, a meta-analysis was published, which studied approximately 18,000 patients with chronic pain, such as low back, neck, and shoulder pain, knee OA, and headache or migraine. The analysis found that the benefits of acupuncture therapy in reducing pain lasted for more than 12 months.

That's wonderful news for athletes and other people who push their bodies daily to accomplish goals or bring home money for rent and bills. In fact, many medical experts consider acupuncture as a viable option for managing chronic pain in conjunction with traditional methods like physical therapy and chiropractic care. The idea behind this approach is that acupuncture may trigger the body's natural healing response to alleviate pain.

When a licensed acupuncturist in New Jersey inserts an acupuncture needle, it penetrates your fascia, a connective tissue that wraps around your organs and muscles. Like a slight tickle on your arm, your body realizes that something is happening and responds by delivering lymph fluid, blood, and other important nutrients to speed up healing in affected areas like your knees, back, neck, joints, and more.

Migraine Headache Relief

If you're like other people who suffer from migraines, you know that once one of them hits, it can be next to impossible to function properly throughout the day. Fortunately, acupuncture in Merrill Lynch, NJ may be a viable solution if you have to endure migraines often.

A study conducted in 2009 by the Center for Complementary Medicine at the University of Munich analyzed 11 studies involving 2,137 patients who received acupuncture treatment for chronic tension-type headaches. The researchers concluded that acupuncture could be an effective non-pharmacological solution for frequent headaches.

The study compared the effects of acupuncture sessions with sham acupuncture and no treatment at all. Both groups that received acupuncture treatment, whether needles were placed randomly or strategically, reported a reduction in headache symptoms, while the control group reported no change. The group that received real acupuncture treatment also reported a decrease in the number of headache days and intensity of pain in a follow-up survey.

Improved Sleep

For individuals who struggle with insomnia and other sleep disturbances, acupuncture is a promising therapy. Although sedatives are commonly prescribed for insomnia, long-term use can lead to negative side effects such as dependence and excessive drowsiness.

A study conducted on 72 participants and published in Sleep Medicine in 2017 found that individuals who received acupuncture three times a week for four weeks experienced significant improvements in sleep quality and anxiety compared to those who received sham acupuncture.

Similarly, a review of 30 randomized, controlled trials found that acupuncture was more effective in improving sleep quality and daytime functioning than sham acupuncture.

Better Recovery from Surgery

While many patients choose acupuncture as a way to avoid surgery altogether, those who need surgery also use it for improved recovery. Because, at the end of the day, recovering from surgery is no easy feat. Patients may experience various symptoms such as nausea, vomiting, pain around the incision, restlessness, sleep troubles, constipation, and sore throat.

According to Johns Hopkins Medicine, healthcare providers may use acupuncture as a way to alleviate some of these symptoms and help with healing. A study published in Integrative Cancer Therapies in January 2017 involving 172 participants found that patients who received acupuncture after surgery reported significant improvements in sleep, anxiety, pain, fatigue, nausea, and drowsiness.

The Surprising Benefits of Supplementing Physical Therapy with Acupuncture

Did you know that supplementing physical therapy with acupuncture and vice versa can have profoundly beneficial effects for patients in New Jersey and across the country? If you're like most, chances are you didn't.

The truth is that acupuncture and physical therapy have both been proven effective in reducing pain and inflammation. While many people view them as separate methods, combining the two modalities can produce a synergistic effect that enhances pain relief and delivers long-lasting benefits to patients.

Physical therapists work with patients of all ages and abilities, from children to elderly adults, to help them overcome physical limitations and improve their quality of life. At NJ Sports Spine & Wellness, our physical therapists help treat a wide range of conditions, from neck pain and spinal cord injuries to back pain and arthritis.

To effectively reduce pain and treat tissue injury, a combination of acupuncture and physical therapy can be very helpful. Acupuncture helps to reduce inflammation and release muscle tightness and trigger points, allowing the patient to better receive manual therapy or exercise-based physical therapy techniques. In doing so, acupuncture can actually create a window of time that allows your body to respond better to other treatments at New Jersey Sports Spine & Wellness, such as physical therapy and chiropractic care.

There are many benefits of combining physical therapy with acupuncture in Merrill Lynch, NJ, including the following:

Increased Range of Motion
More Effective Long-Term Pain Relief
Enhanced Tissue Repair & Healing
Better Response to Physical Therapy Due to Pain Reduction
Less of a Need for Pain Medications
Boosted Mood & Energy
Better Quality of Life Overall

You may be wondering, "Are there any studies showing these benefits?" As it turns out, there are many. One such study, published on the NIH's website, was conducted on patients suffering from frozen shoulder.

Patients who received acupuncture experienced a significant reduction in pain, while those who underwent physical therapy saw an improvement in range of motion. However, the best outcome was observed in patients who received a combination of both treatments, with reduced pain, increased their range of motion, and improved quality of life. This study highlights the potential benefits of using acupuncture and physical therapy as complementary treatments for frozen shoulder.

It makes sense, then, that people from all walks of life are combining acupuncture with chiropractic treatments at New Jersey Sports Spine & Wellness, including:

Professional Athletes
Football Players
Soccer Players
Baseball Players
Construction Workers

Landscapers
Accountants and People Working Office Jobs
Public Officials
Police Officers
More

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Combining Acupuncture with Chiropractic Care for Pain Relief and Wellness

At New Jersey Sports Spine & Wellness, our doctors, practitioners, occupational therapists, and physical therapist specialize in a range of therapies and treatments. Much like physical therapy and acupuncture, combining chiropractic care with acupuncture therapy gives patients a new way to reclaim their mobility, reduce chronic pain, and maintain a healthy quality of life.

Chiropractic care and acupuncture in Merrill Lynch, NJ are natural healing practices that don't rely on drugs to improve the body's health. They focus on correcting imbalances in the body's structural and supportive systems, promoting natural healing, and ultimately leading to better health. These practices have a proven track record of helping patients improve their quality of life and overcome physical difficulties.

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What are the Benefits of Using Acupuncture with Chiropractic Care?

Integrating chiropractic and acupuncture as a dual-modality treatment offers the most efficient solution for removing blockages from the body, promoting balance, and accelerating healing. Rather than using these treatments sequentially, a combined approach allows for maximum benefits at one time.

Chiropractic targets subluxations in the nervous system through manual adjustments, facilitating the central nervous system to promote healing, while acupuncture removes blockages that may hinder the body's internal balance. Together, these treatments work synergistically to optimize energy flow and restore harmony in the body.

What Conditions Can Be Treated with Acupuncture and Chiropractic Care?

When our physical well-being becomes imbalanced, and our innate healing mechanisms are compromised, illnesses can manifest. The integration of acupuncture and chiropractic practices can effectively address a wide range of health conditions that they individually target, such as:

Sports Injuries
Headaches
Sciatica
Lower Back Pain

Neck Pain
Insomnia
Chronic Conditions Like Diabetes
More

Curious if combining chiropractic care or physical therapy with acupuncture is right for your body? The best way to find out is to make an appointment at our sports rehab clinic in New Jersey. Once our team of medical professionals has a chance to evaluate your conditions, we can explore the best options to provide the most relief in the shortest amount of time possible.

The Premier Choice for Professional Acupuncture in Merrill Lynch, NJ

New Jersey Sports Spine & Wellness consists of a team of athletic trainers, chiropractors, occupational therapists, physical therapists, and other professionals. We're very proud and passionate about caring for our patients, many of whom are suffering from debilitating conditions like back and neck pain, plantar fasciitis, sports-related injuries, and more. If you're trying to get on the road to pain relief and recovery, acupuncture may be the non-surgical solution you need to reclaim your life. Contact our office today to learn whether this exciting treatment is right for you.

732-526-2497

Merrill Moves: NJ Team With $875-Mln Book Launches RIA, Billion-Dollar Chicago Team Joins Sanctuary

A six-person team in New Jersey on Monday decamped from Merrill Lynch to launch their own registered investment advisory firm in Florham Park.The team, which is led by Michael Lehman, had been generating $4.9 million in revenue and oversaw $875 million in assets, Lehman confirmed. They are calling their firm Premier Path Wealth Partners and contracted with Dynasty Financial Partners, an RIA service provider, for back-office services.“We decided full independence was the way to go to control our own destiny,” Leman, ...

A six-person team in New Jersey on Monday decamped from Merrill Lynch to launch their own registered investment advisory firm in Florham Park.

The team, which is led by Michael Lehman, had been generating $4.9 million in revenue and oversaw $875 million in assets, Lehman confirmed. They are calling their firm Premier Path Wealth Partners and contracted with Dynasty Financial Partners, an RIA service provider, for back-office services.

“We decided full independence was the way to go to control our own destiny,” Leman, 56, said in an interview.

As part of the move, they are expanding the team and have hired Brian Glenn and Bill Ehrhardt as director of investments and head of business advisory services, respectively. The two will add financial planning expertise and help Premier eventually find other practices to buy. Such hires were not permitted at Merrill where there are restrictions around who can join the team, Lehman said.

“At a corporate level, they only have basically their recommendations of what type of person they think you should have,” Lehman said. “And that clearly doesn’t fit what the customized needs are of our clients and the direction we are going.”

The Premier Path team also includes Derek Wittjohann and Patrick York as well as support staff Linda Kalata, Rebecca Garcia and Patrick Regan. They are dropping their brokerage licenses as only a basis point of their revenue came from commissions, Lehman said.

At Merrill, the team had been called The Lehman Eger Group. Richard Eger, a 35-year industry veteran who is listed on their former Merrill page, had been partnered with Lehman for the past decade and retired through Merrill’s Client Transition Program, Lehman said.

Their practice serves around 200 clients, according to Lehman. They had been growing their book at Merrill but were frustrated by the firm’s edicts around adding new households, he said. The firm in 2018 implemented a “growth grid” system that required a minimum of three net new households per broker per year to avoid a pay cut.

“There was a conflict in what direction we were going and what direction the firm asked us to,” Lehman said. “Clearly we didn’t want to bring in dozens and dozens of clients who didn’t meet the specific needs and sophisticated infrastructure we established.”

“We wanted to grow…but not just to add anybody,” the broker added.

Lehman had ranked #21 on Forbes’ list of the best-in-state wealth advisors list for 2023 and typically works with households with between $4 million to $15 million in assets, according to the publication. He started his career at PNC Capital Markets in 1996 and also worked for Wells Fargo Advisors and predecessor firms before joining Merrill in 2010, according to BrokerCheck.

Premier Path custodies with Fidelity Investments, which provided them with “transition assistance” in the form of reimbursement for third-party service provider expenses such as research, marketing or software costs, according to its Form ADV. Lehman is otherwise self-financing the firm, he said.

Their move followed the Friday departure of a separate Merrill team in Chicago who had been managing $1 billion in assets. The group is led by James M. Corrigan, David Holtkamp, Sean M. Jucas and Kenneth Shay, and joined independent broker-dealer Sanctuary Wealth.

“While we knew we had outgrown the wirehouse, our team didn’t want to go out on our own,” Corrigan said in a statement.

Corrigan had spent the last 13 years of his 17-year career with Merrill, according to BrokerCheck. Holtcamp began his career at the thundering herd 15 years ago, and Jucas had been with Merrill for 16 years, according to the database. Shay, a 50-year industry veteran, had also been registered with Merrill for 16 years.

The group is calling their new practice Burnham Harbor Private Wealth and also moved with client associates Basel Alwawi and Cindy Hehr.

Sanctuary, which fired its founder and CEO in February, also that month recruited a Merrill team in The Woodlands, Texas, who managed $1.5 billion in assets.

A Merrill spokesperson declined to comment on Monday’s move.

The steady stream of brokers out of Merrill Lynch continues as two teams who oversaw $558 million combined in assets have joined Raymond James Financial and LPL Financial in Florida and Texas, respectively.

In the larger of the moves, David B. Ammerman on Friday affiliated with Raymond James’ independent Financial Services division in Ponte Vedra, Florida, according to BrokerCheck records. He had overseen $353 million in client assets, according to a Forbes ranking which listed him as #37 on its best-in-state wealth advisors list this year.

He moved along with client associate Sara E. Graham, according to registration records.

Ammerman’s former Merrill team had another broker, Anthony V. Zanaglio, who remains with the thundering herd, according to his BrokerCheck profile and former company website. Zanaglio, who has nine years of experience, did not respond to a call for comment.

A spokesperson for Raymond James did not respond to a request for comment on the hire.

Ammerman started his career at discount brokerage Olde Discount Corp. in 1993 and joined Merrill in 1998 by way of its Banc of America predecessor, according to his BrokerCheck profile.

Separately, LPL landed a duo who produced $1.6 million in annual revenue from $205 million in client assets in Houston, Texas, according to an LPL spokesperson.

William Edward “Ed” Winegar and Gregory W. Berg joined LPL’s employee brokerage unit on August 23, according to registration records. They are joined by client associate Eponine Ramos and call their practice Winegar Berg Wealth Management, according to an LPL spokesperson.

They are the latest in a string of Merrill brokers to join Linsco, LPL’s employee advisor channel, which was one of several new affiliation options that the independent broker-dealer has rolled out in recent years.

The pair began working together in 2000 and merged their individual practices in 2003.

Winegar, who declined to comment, started his career in 1997 at New England Securities and worked at Mony Securities Corp. and Morgan Stanley before joining Merrill in 2005, according to his BrokerCheck profile.

Berg started his career at Morgan Stanley in 1998 and also moved to Merrill in 2005, according to his BrokerCheck profile.

LPL, which has nearly 22,000 advisors, last month scooped up a Merrill team that generated over $2 million in annual revenue. Megan M. Stirrat and Tenley Y. Hardt, who had managed $325 million in client assets, joined LPL’s Strategic Wealth Services on August 16 in San Juan Capistrano, California.

It also last month added a $2.7 million Merrill team to its traditional independent channel in Hoboken, New Jersey.

A spokesperson for Merrill did not respond to requests for comment on both moves.

Six-Person Team Leaves Merrill Lynch, Creates Premier Path RIA

Launched with support from Dynasty Financial Partners, the New Jersey-based team managed $875 million at Merrill.A six-person team in Florham Park, N.J., has departed Merrill Lynch to build an independent registered investment advisory firm with support from Dynasty Financial Partners.Led by CEO and Founding Partner Michael Lehman, Dynasty announced the launch of Premier Path Wealth Partners on Tuesday. At the same time, Lehman announced two new hires.Related: ...

Launched with support from Dynasty Financial Partners, the New Jersey-based team managed $875 million at Merrill.

A six-person team in Florham Park, N.J., has departed Merrill Lynch to build an independent registered investment advisory firm with support from Dynasty Financial Partners.

Led by CEO and Founding Partner Michael Lehman, Dynasty announced the launch of Premier Path Wealth Partners on Tuesday. At the same time, Lehman announced two new hires.

“We've been thinking about doing this for several years,” Lehman said. “We’re planners and we did our due diligence and looked at everything from making a lateral move to another wirehouse, which we quickly dismissed, to quasi independence to full independence, which became our only choice.”

The team—including Partner and COO Derek Wittjohann; Partner Patrick York; Chief Administrative and Compliance Officer Linda Kalata; and Relationship Managers Rebecca Garcia and Patrick Regan—managed $875 million at Merrill Lynch.

Lehman said he

expects to bring a good chunk of those assets over to Premier Path.

“We're very optimistic,” he said. “Obviously, these are decades-long relationships we had but the response has been incredibly enthusiastic when they hear about it too. It aligns our interest with their interest, and it aligns our values with their values—particularly with the business owners, corporate executives and families we work with.

“Their only question at the end was, why didn't you do this 10 years ago?” he said.

Premier is leveraging Dynasty’s expertise around technology, investment research and M&A, while taking full advantage of the platform’s back-office, compliance and marketing support services. The firm has chosen Fidelity as its first broker and custodian, with plans to become multi-custodial down the road. It is using eMoney for financial planning and Black Diamond for portfolio management.

“We are no longer subject to one platform—and that's not against Merrill Lynch, but any wirehouse,” Lehman said. “We are a buyer of the Street and have access to research and products and technology, frankly. We’re also able to put together a team customized to the clients’ needs, and I think we're making that statement right off the bat with the new hires we’ve made.”

Brian Glenn has joined Premier as director of investments and Bill Ehrhardt is the firm’s new head of business advisory services. With decades of industry expertise in advisory services, practice management, succession planning, investment strategy and mergers and acquisitions, Lehman said adding the pair establishes a foundation for Premier’s growth as it seeks to serve UHNW families and business owners.

Lehman said the firm will employ M&A alongside an organic growth strategy after the transition is compete, with a focus on finding like-minded advisors with similar clients.

“There's no question that I think that we could quadruple [in size] inside of five years, but our focus is on the short term, to build out our infrastructure in the right way, take care of our existing clients right now,” said Lehman. “So, I'm laser focused on our existing clients right now, and I think this independent practice will attract a lot of like-minded advisors and teams.”

“Mike Lehman and his impressive team are a great fit for the independent wealth arena,” Dynasty CEO Shirl Penney said in a statement. “Because of their commitment to staying on the cutting edge of technology and investing, they will flourish with access to the full marketplace of strategies, research and tools.”

In addition to helping launch two brand new firms in 2023, the other from 50-year-old RIA Linscomb & Williams, Dynasty also assisted with the transition of two teams to existing partner firms—one from Wells Fargo and another from Morgan Stanley.

On Monday, Dynasty announced the launch of Dynasty Investment Bank and the extension of M&A advisory services to firms outside the Dynasty network for the first time.

N.J. Advisor Trio Join RJFS Indie Channel With $435M AUM

Financial advisors Jeanne Eisele, Mary Gilbert and Leanne Gray, operating as Anchor Financial in Linwood, N.J., have joined Raymond James Financial Services (RJFS), the St. Petersburg, Fla.-based firm’s independent advisor channel, according to Shannon Reid, Northeast division director for RJFS.The Anchor team, which also includes client service associate Sarahjane Hehre and branch operations coordinator Bonnie Hehre, was formerly with UBS Financial Services, where they managed nearly $435 million in client assets.Eisele ...

The Anchor team, which also includes client service associate Sarahjane Hehre and branch operations coordinator Bonnie Hehre, was formerly with UBS Financial Services, where they managed nearly $435 million in client assets.

Eisele said in a news release announcing the affiliation that once she and her partners decided they wanted to take the practice in a new direction, they needed a new partner as well.

“We were ready to establish a family-style, private office while simultaneously leveraging the resources that Raymond James provides to create the perfect blend of the flexibility of independence with the power, backing and oversight of the home company,” Eisele said.

A 45-year industry veteran, Eisele spent the past decade at UBS Financial Services as first vice president of investments, the same title she held at Merrill Lynch prior to joining UBS. In addition to her professional work, the New Jersey native also co-hosts “It’s Your Money,” a long-running South Jersey radio show on personal finance that airs Saturday mornings on WOND.

Gilbert, a graduate of the University of Pittsburgh, where she earned her bachelor’s degree in economics, is a certified divorce financial analyst (CDFA) with 35 years of industry experience. She most recently served as senior vice president of investments at UBS upon transitioning from Merrill Lynch in 2012. After working in wirehouses for so many years, she said the three partners decided to become entrepreneurs, instead of employees.

“It was important for us to take true ownership of our business,” Gilbert said in the news release. “We found a partner in Raymond James that allows us to focus on what matters most – taking care of our clients and managing their wealth. The firm shares our values, and its scale ensures our clients have access to excellent resources and technology.”

Gray was a financial advisor at UBS for a decade, and at Merrill Lynch for four years. Similarly to Gilbert, Gray also is a CDFA, as well as a graduate of Villanova University College of Commerce and Finance, where she earned a bachelor's degree in business.

Gray said in the news release that as a certified financial planner (CFP) professional, it was deeply important to her and her team to affiliate with a firm that continued to uphold the legacy of the late Raymond James founder, Robert A. “Bob” James, someone she said was ahead of his time in pioneering a planning-based approach to investing.

“The firm continues to be client-centric in the financial services they offer,” she said.

Raymond James Financial Services Inc. (RJFS) and its affiliate, Raymond James & Associates Inc., are wholly owned subsidiaries of Raymond James Financial Inc., a diversified financial services company overseeing total assets of approximately $1.17 trillion as of December 31, 2022.

1792 Wealth Advisors Adds $180 million AUM Merrill Lynch Advisor in New Jersey

As Advisors continue to exit the wirehouse model, 1792 offers a great solutionMorristown, NJ — ...

As Advisors continue to exit the wirehouse model, 1792 offers a great solution

Morristown, NJ — 1792 Wealth Advisors (1792) the premier partner for individual advisors and teams seeking independence, announced today that 21-year industry veteran Doug Roskos has joined the firm. Roskos, with his $180M in AUM, and more than 1 million in production joins from Merrill Lynch, launching his newly established firm, Roskos Wealth Management, based in Mt. Laurel, NJ.

“I’ve always felt it’s important to focus first and foremost on client needs, and that’s what drew me to Independence, but I also knew I needed an experienced partner to show me the ropes which is what drew me to 1792 .”

Doug had long considered the move to the independent channel and decided on 1792 for its experienced management, partnership culture, and supportive team.

1792 Wealth Advisors is an integrated Raymond James platform that affords advisors the opportunity to streamline and maximize their businesses via supported independence. As more advisors seek to break away from wirehouses, this model alleviates concerns about back-end operations and allows advisors to retain choice in their practice model, investments, products and more.

“We show advisors that it’s possible for them to go independent without a dimunition in service, sophistication, products, or management,” explains Bob Milligan, managing partner and founder of 1792 Wealth Advisors. “That’s exactly what we’ve done for Doug — he’s able to focus on his clients while 1792 provides access to the Raymond James platform and coordinates all back-office support.”

Doug’s move to 1792 is reflective of the development strategy the firm is implementing. “We have a strong pipeline of interested advisors,” Milligan adds, “and our firm is well positioned for scaleable growth.”

About 1792 Wealth Advisors

1792 Wealth Advisors is a premier wealth management firm whose advisors serve clients in a supported independence partnership structure. Together with the partnership and affiliation of Raymond James, 1792 is able to offer advisors industry-leading resources, technology and support while providing the flexibility, control and autonomy to serve clients in their unique way. Founded in 2017, 1792 primarily serves the Northeast and is rapidly expanding into new markets driven by a “client first” collaborative culture, an enhanced equity structure for advisors, and unique support ecosystem that enhances the client experience.

For more information, visit Join1792.com or https://www.raymondjames.com/1792wealthadvisors.

Morgan Stanley Nabs $4-Mln Next-Gen Star from Merrill in NJ

Morgan Stanley has lured from rival Merrill Lynch a rising star broker in Toms River, New Jersey who had been managing roughly $350 million in client assets, according to a source familiar with the move.Hirsh Zyskind, 38, started his career at Merrill in 2013 and left Friday for a Morgan Stanley office across the street from his former office, according to his BrokerCheck report. He had produced roughly $4 million in annual revenue and moved along with support staff Margaret Lynch and Krisha Ashton, according to the source.Zysk...

Hirsh Zyskind, 38, started his career at Merrill in 2013 and left Friday for a Morgan Stanley office across the street from his former office, according to his BrokerCheck report. He had produced roughly $4 million in annual revenue and moved along with support staff Margaret Lynch and Krisha Ashton, according to the source.

Zyskind, who this year ranked 4th on Forbes’ list of best next-gen advisors in New Jersey and 78th on its list of top next-gen advisors nationwide, declined to comment. Prior to joining Merrill, he had worked for four years as a financial consultant for a company called Charter Capital Resources Inc., according to his LinkedIn profile.

The rising broker is a “frequent and sought after speaker on investment planning for retirement, which has been a primary business focus for Hirsh and his team,” according to his former website bio at Merrill. He also works with clients’ attorneys, accountants and other advisors for tax and estate planning, according to the bio.

A spokeswoman for Morgan Stanley declined to comment on the hire or how he built his book of business.

Merrill over the summer filled numerous management gaps and shuffled roles in New Jersey offices. The firm’s ‘competitive’ broker attrition is slightly above the typical 4% rate so far this year, but Merrill President Andy Sieg last week said his brokerage is holding onto a larger portion of the defectors’ books.

Separately, a pair of teams, each led by a different brother from the same family, managing a total of $540 million in Davenport, Iowa, left Merrill on October 20 for RBC Wealth Management-U.S., according to a Tuesday announcement.

One team, dubbed the Sandry, Meloan Wealth Management Group, includes 37-year industry veteran Bill Sandry, his son Skyler Sandry, who spent his entire six-year career at Merrill, and 21-year Merrill lifer Katie Meloan. Support staff Jim Campbell (Katie Meloan’s father), Kyle Pedersen, Christina Sandry (daughter-in-law of Bill Sandry) and Jennifer Musal also made the move, according to the announcement.

Bill Sandry, who had been with Merrill since 2003, started with Lehman Brothers in 1984 and moved to Citigroup Global Markets in 1993 for a 10-year stay, according to his BrokerCheck report.

Separately, Bill’s brother, 35-year industry veteran Bruce Sandry, joined RBC from Merrill on the same day, according to RBC’s announcement. His team, called the Sandry Group, includes staffer Sara Schreck.

Bruce Sandry, who had also been with Merrill since 2003, started with American Express Financial Advisors in 1987 and moved to Citigroup Global Markets in 1994 for a 9-year stay, according to his BrokerCheck report.

Both teams report to Lauri Droster, RBC’s St. Paul complex director, according to the firm’s announcement.

A spokesperson for Merrill did not respond to a request for comment on the departures.