Physical Therpy For Injuries and Pain in Merrill Lynch, NJ

If there's one universal truth in life, it's that it can be unpredictable. Everyone experiences unexpected events that throw us off. While some surprises may only affect our bank accounts, such as home expenses, others can cause physical harm, such as car accidents that result in long-term pain and discomfort. Many Americans suffer from chronic neck and back pain - according to research, half of Americans over 18 develop musculoskeletal injuries that last longer than a year. These injuries often cause a range of mobility issues that make everyday tasks seem hard to do. Unfortunately, many people with chronic pain turn to addictive medications and invasive surgeries for relief, which tends to lead to further complications.

However, if you are experiencing chronic pain or mobility issues, there's good news: Safer and more effective options are available to you. Physical therapy in Merrill Lynch, NJ is one of the best solutions for eradicating pain, maximizing mobility, improving range of motion, building muscle strength, and helping you regain control of your body. At NJ Sports Spine & Wellness, our physical therapists and trainers offer customized programs designed for your body and address your pain symptoms. That way, you have the best possible chance of reclaiming a normal, active life, without surgery or harmful pills.

With the incorporation of therapeutic exercises and manual therapy as well as newer techniques and modalities like AlterG^® Anti-Gravity Treadmills and DRX9000 Spinal DecompressionMachines, our physical therapy services can help address conditions such as:

Sciatica Pain
Ankle Pain
Back Pain
Elbow Pain
Headaches and Migraines
Hip Pain

Knee Pain
Neck Pain
Shoulder Pain
Wrist Pain
TMJ Pain

Headaches And Migraines Therapy Merrill Lynch, NJ

Services You Need?

Physical Therpy For Injuries and Pain in Merrill Lynch, NJ
Why is Physical Therapy in Merrill Lynch, NJ So Important for Wellness?
The DRX9000: Relief from Chronic Back and Neck Pain
Expedite Rehab and Training with the AlterG^® Anti-Gravity Treadmill
Experience Optimized Healing with LiteCure^™ Low-Level Laser Therapy
Freeze Away Pain and Swelling with Ice Compression Therapy
NormaTec Compression Therapy: A Non-Invasive Option for Enhanced Recovery
Experience Holistic Wellness with Cupping Therapy in New Jersey

Service Areas

Why is Physical Therapy in Merrill Lynch, NJ So Important for Wellness?

Physical therapy can provide numerous benefits, such as pain reduction, enhanced joint and body movement, improved range of motion, proper alignment, and more. While the main goal of physical therapy is to restore function and facilitate a return to regular activities, these outcomes usually result from a broader rehabilitation process, wherein many patients learn a brand-new way of moving.

At NJ Sports Spine & Wellness, our physical therapists work closely with patients to understand their unique goals, preferences, and abilities. Based on their findings, they create a customized treatment plan that caters to the patient's specific needs.

Here are just a few specific examples of why physical therapy is crucial when recovering from an injury:

Physical therapy helps restore function and mobility after illness, injury, or surgery.
Physical therapy promotes healing and pain management by utilizing therapeutic modalities and exercises.
Physical therapy helps patients suffering from neurological conditions improve their independence.
Physical therapy helps seniors avoid falls by improving balance.
Physical therapy can improve flexibility and strength to enhance sports and physical activity performance.
Physical therapy facilitates injury prevention through education and analysis of proper body mechanics.

Whether you're searching for long-term pain relief or need to improve your strength and balance as you age, physical therapy from NJSSW can help.

Now that you understand why physical therapy is crucial for recovery and wellness, let's take a closer look at some of the most effective treatments at our physical therapy clinic in New Jersey.

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The DRX9000: Relief from Chronic Back and Neck Pain

Are you sick of living day-to-day with long-lasting neck or back pain? Have you searched high and low for a safe and effective alternative to surgery? The DRX9000 may be the answer you're looking for.

Beloved by high-level athletes and even celebrities, this advanced medical device employs non-surgical spinal decompression therapy to treat painful conditions such as:

Bulging Discs
Herniated Discs
Spinal Stenosis

Facet Syndrome
Sciatica
Arm Pain from Nerves in Your Neck

The DRX9000 is a device that has been approved by the FDA for treating herniated discs through spinal decompression therapy. This therapy works by applying equal amounts of pressure on your vertebral columns, which stretches your spine and creates a gap between spinal discs. This gap allows for better nutrient flow through your spine, which can help heal injuries gradually with regular treatment sessions. The DRX9000 also utilizes servo motors that rely on nested closed-loop feedback to customize therapy to your unique needs. By using DRX9000, you can often speed up your recovery by addressing your spinal disc issues ASAP.

No Harmful Medications Needed (Do we really need this paragraph or could we just mention it int he beginning about how it is a non-pharmaceutical method)

Perhaps the most significant advantage of the DRX9000 is that it provides a non-pharmaceutical method for relieving pain. With the opioid epidemic affecting the entire nation, many patients are reluctant to take prescription painkillers. The DRX9000 offers a secure and non-addictive alternative for pain relief that does not require medication.

During the course of the treatment, the patient will lie down on a specially designed table that is connected to the machine. The table will then be gently stretched as the machine creates negative pressure within the affected disc. This process will be repeated over a series of sessions, typically ranging from 20 to 30 sessions, depending on the patient's specific condition.

The DRX9000 treatment is considered to be safe and effective for many patients. It is designed to be gentle on the body, and patients usually experience little to no discomfort during their sessions. The machine is also equipped with advanced safety features, including sensors that can detect any sudden movements and stop the machine if necessary.

Expedite Rehab and Training with the AlterG^® Anti-Gravity Treadmill

The AlterG^® Anti-Gravity Treadmill boasts NASA Differential Air Pressure (DAP) technology, which is a highly accurate air calibration system that leverages your actual body weight to achieve exceptional results in rehab and training. By utilizing a pressurized air chamber, the AlterG allows you to move freely and without pain, as it uniformly reduces gravitational load and body weight by up to 80% in precise 1% increments. This process helps foster improved muscle strength, balance, function, range of motion, and overall fitness.

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What Makes the AlterG^® Anti-Gravity Treadmill So Effective for Physical Therapy in CItyname, State?

AlterG^®'s state-of-the-art treadmill provides an entire range of benefits, such as mimicking natural movement and rhythm without the contrived feel of hydrotherapy or harnesses attempting to imitate real-life strides and motions. Additionally, it's beneficial for speeding up recuperation after orthopedic injuries or surgeries by enabling early mobilization and retaining strength. Furthermore, it's excellent for sports recovery since athletes can utilize it to maintain their physical fitness.

Some of the numerous benefits of using the AlterG^® Anti-Gravity Treadmill include:

Accelerated Recovery Time
Relief from Impact-Related Pain and Discomfort
Customized Programs Suited to Your Needs
Effective Solution for All Ages
Safe and Controlled Environment
Improves Motivation and Confidence
Used by Elite Athletes and Celebrities

The AlterG^® Anti-Gravity Treadmill is a revolutionary piece of equipment that has transformed the field of physical therapy. With its list of unique features and superhero-worthy benefits, this anti-gravity treadmill is a game-changer that can help you achieve your fitness and recovery goals while also minimizing the risk of injury.

Experience Optimized Healing with LiteCure^™ Low-Level Laser Therapy

After reading the headline above, you might be asking yourself, "Are lasers really used for physical therapy in cityname, state?" The answer to your question would be a resounding "Yes!" This advanced type of laser therapy harnesses the power of light through photobiomodulation (PBM), which is revolutionizing how patients heal and deal with pain.

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Photobiomodulation (PBM) is a medical process that utilizes targeted light to activate the body's natural healing mechanisms. By penetrating deep into the tissue, photons interact with mitochondria (the cellular powerhouses in your body) to increase energy production. This interaction triggers a biological cascade that leads to increased cellular metabolism. As a result, PBM can reduce pain, accelerate tissue repair, and enhance overall well-being.

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Low-level laser therapy (LLLT) is a non-invasive and painless treatment that utilizes specific wavelengths of light to stimulate healing and reduce pain. It works by penetrating the skin and tissues to promote cellular activity and increase blood flow, which in turn helps to reduce inflammation, relieve pain, and accelerate the healing process.

LLLT has been shown to be effective for a variety of conditions, including musculoskeletal injuries, arthritis, neuropathy, and more. It is a safe and gentle treatment option that can aid in regaining function and mobility from injuries, accidents, surgeries, and other conditions. That makes it a viable and trustworthy addition to your personalized physical therapy plan from NJ Sports Spine & Wellness.

LLLT has shown promising results for challenging conditions that other treatments can't match. Some of the most common conditions treated include:

Muscle Pain
Pain from Tendinopathy
Osteoarthritis Pain
Swollen Joints
Myofascial Pain

Back and Neck Pain
Pain from TMJ
Achilles Tendon Injury Pain
Plantar Fasciitis Pain

If you're slogging through life and suffering from one or more of the conditions above, you should know that there is hope for pain relief. Contact NJ Sports Spine & Wellness today to find out if low-level laser therapy is right for you.

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Freeze Away Pain and Swelling with Ice Compression Therapy

Game Ready Ice Compression Therapy is an advanced treatment technique that combines the advantages of modern cryotherapy (ice therapy) with the proven benefits of compression therapy. This clinically proven, synergistic approach is widely used in sports medicine, physical therapy, orthopedics, and post-operative care to speed up recovery, alleviate pain and inflammation, and enhance rehabilitation.

Understanding the Powerful Benefits of Ice Compression Therapy

The "cold" component of ice compression therapy helps nullify nerve-ending sensitivity, which provides pain relief. The extra compression gives you even more pain relief by reducing swelling and pressure on limbs and other body parts.

By improving lymphatic flow and enhancing blood circulation, compression therapy can help reduce swelling and edema, thereby improving your recovery process and simultaneously reducing pain and discomfort.

The concurrent use of cryotherapy and compression can enhance the body's innate healing mechanisms by reducing inflammation, mitigating tissue damage, and stimulating tissue repair.

Game Ready's combination therapy has been shown to be effective in improving joint flexibility and range of motion by promoting tissue healing. This treatment can be a great option for those looking to alleviate discomfort and improve overall joint health.

Whether you're recovering from surgery or you're trying to manage chronic pain in your back or joints, ice compression therapy may be the advanced treatment you need. Contact NJSSW today to learn more about how this treatment can help you live an active life free of pain.

(843) 744-9877

NormaTec Compression Therapy:

A Non-Invasive Option for Enhanced Recovery

What Makes NormaTec Compression Therapy Best for Physical Therapy in Cityname, State?

NormaTec's compression therapy devices have undergone continuous refinement and improvement since their inception. The adjustable settings of their system enable users to regulate the intensity, duration, and pattern of compression, thereby enabling our skilled providers to tailor treatment to suit the specific requirements and comfort levels of each patient.

Experience Holistic Wellness with Cupping Therapy in New Jersey

In the realm of holistic wellness, cupping therapy is a venerable and time-honored practice that has proven to be an effective technique for managing pain and enhancing blood flow. At NJ Sports Spine & Wellness, we recognize the diverse benefits of cupping therapy, which we offer at both our Matawan and Marlboro, NJ locations.

This ancient technique creates suction on your skin using specialized cups that help promote blood flow, muscle relaxation, and pain relief.

Why is Cupping Therapy Helpful for Physical Therapy in CItyname, State?

At NJ Sports Spine & Wellness, we believe that incorporating holistic treatments into physical therapy can greatly benefit our patients. As part of our efforts to alleviate stress and manage chronic pain or conditions, we offer cupping therapy as one of those holistic treatments. This modality has been proven effective and offers numerous benefits for physical therapy, which include:

Cupping therapy can help release muscle tension and relieve back pain. The suction from the cups releases fascial restrictions, decreases muscle tightness, and relieves muscle knots, providing relief from pain caused by muscular tightness or strain.

Our skilled practitioners and physical therapists use modern cupping devices and techniques to create consistent suction on the skin, which stimulates blood flow and encourages oxygen-rich blood to flow into muscles and tissues. This improved circulation can reduce inflammation, remove toxins, and promote healing.

Cupping therapy can relieve back pain by improving circulation, reducing muscle tension, and increasing lymphatic drainage. It's a natural and non-invasive approach that can improve mobility and quality of life.

Cupping therapy uses a gentle suction and pulling sensation that helps ease back pain and reduces stress by creating a calming effect on the body and mind, promoting physical and mental healing.

Reclaim Your Mobility with Physical Therapy in Merrill Lynch, NJ

At NJ Sports Spine & Wellness, we always prioritize your well-being and offer comprehensive care tailored to your needs. With customized physical therapy tailored to your specific needs, we provide a drug-free, non-invasive, and highly effective treatment path for pain relief and recovery. From tried-and-true techniques to cutting-edge treatments, we're New Jersey's top choice for innovative physical therapy.

Take the first step towards a pain-free, vibrant life by contacting our office today. It all starts by scheduling your initial consultation. With our highly-trained and licensed specialists by your side, you can embrace a brighter, pain-free future.

(843) 744-9877

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Sanctuary Recruits $1.2B New Jersey Team From Merrill Lynch

Sanctuary Wealth, a support platform for breakaway advisors, announced its latest addition, with SkyPath Private Wealth, a Short Hills, N.J., team with approximately $1.2 billion in client assets, joining from Merrill Lynch.The six-person team comprises founding partners Kevin Pearly, James Rohmann, Steven Filiaci and Ken Hopkins, along with Senior Registered Wealth Associate Susan Hoyt and Registered Wealth Associat...

The six-person team comprises founding partners Kevin Pearly, James Rohmann, Steven Filiaci and Ken Hopkins, along with Senior Registered Wealth Associate Susan Hoyt and Registered Wealth Associate Jessica McGowan.

“Breakaway advisors just want to be free,” Sanctuary CEO Jim Dickson said during the 2022 RIA EDGE Conference in Hollywood, Fla., this month. “They don’t want to be told not what to do anymore. That’s the heritage of where Sanctuary was founded.”

Dickson, who spent more than 20 years in leadership at Merrill before launching Sanctuary in May 2018, said in the Mindy Diamond on Independence podcast that an increasing focus on shareholders at the wirehouse, exacerbated by a merger with Bank of America, is what caused him to shift focus four years ago.

“Honestly,” he explained, “I felt over time that the advisor just kept getting pushed out more and more.”

“There is an amazing amount of young talent in the breakaway space,” Dickson said in Florida, pointing out that larger institutions don’t exactly teach departing advisors the finer points of running their own firm. “What we try to figure out is how we can take what they do best and bring them into our culture, bring them into our process, to become better.”

Pearly spent nearly 22 years at Merrill, where he ended his tenure as a senior vice president.

“We want to solve all of our clients’ financial needs with the ability to use the best financial planning tools, investment solutions and banking/lending platforms the industry has to offer,” Pearly said in a statement announcing the deal. “Joining Sanctuary allows us to do that.”

Pearly also said that Sanctuary’s own history and experience with the institutional space provided an “added benefit,” adding that Paul Sullivan, who currently serves as managing director for Sanctuary’s first New York office, was his direct market executive early in his career at Merrill.

“Kevin and I began talking about the benefits of partnered independence,” said Sullivan, who was instrumental in recruiting the SkyPath team. “His interest grew and spread to three other financial advisors from Merrill Lynch.”

Rohmann, Filiaci, and Hopkins all joined Merrill in 2013, rising to leadership positions before bringing their combined 70-plus years of experience to SkyPath and Sanctuary. Both Rohmann and Filiaci also previously served in leadership positions at Morgan Stanley.

“We were really impressed with Sanctuary’s open architecture platform and how intuitive they are in terms of adding technology, investment solutions and other tools that allow partner firms to better serve the needs of their clients,” said Rohmann.

Hopkins said he is looking forward to having “access to not only the best investment platforms, but also the best planning software” in crafting customized solutions for clients.

Sullivan said that Sanctuary has leased space in the same New Jersey location as SkyPath, "to ensure that we give New Jersey its rightful attention and I have the opportunity to source and further develop market share for Sanctuary."

“New York City is the financial capital of the world, and we will continue to aggressively build out our presence in the area,” said Dickson, who told WealthManagement.com last summer that expanding into the New York City metropolitan area would help to establish the rapidly growing firm as “a global player.”

“In addition to SkyPath Private Wealth,” he said, “we’ve recently added top teams in the tri-state region as we maintain and develop our community of the industry’s best talent.”

Sanctuary has added eight new teams in 2022, including Questar Capital in Paramus, N.J.

Currently, the Sanctuary Wealth network includes more than 70 partner firms across 25 states with around $25 billion in assets under advisement. The Sanctuary Wealth Group includes the fully owned subsidiaries Sanctuary Advisors, its RIA; the broker/dealer Sanctuary Securities; Sanctuary Asset Management; Sanctuary Insurance Solutions; Sanctuary Global; and Sanctuary Global Tax and Family Office.

Merrill Lynch’s New Jersey Campus Commands $95M

American Real Estate Partners in collaboration with Independencia Asset Management have sold Merrill Lynch’s corporate campus in Hopewell Township, N.J., for $95 million. The asset comprises three Class A office buildings totaling 380,417 square feet.READ ALSO: ...

Located at 1100-1200 American Blvd., the property was built in 2000 as Merrill Lynch’s corporate campus. Amenities include a high-quality technology infrastructure, meeting and conference space and fitness and cafeteria options, AREP told Commercial Property Executive.

The office space is fully leased to Merrill Lynch, which was acquired by Bank of America in 2008, until November 2024, AREP also told CPE. With a reliable tenant, AREP and Independencia acquired the office campus in 2013. Following the sale, AREP will continue to lease and manage 1100-1200 American as part of the agreement. Cushman & Wakefield was the exclusive agent for the transaction.

According to David Bernhaut, executive vice chairman of Cushman & Wakefield’s Capital Markets Group, the corporate campus is situated in the fifth-largest market in the U.S., between New York City and Philadelphia. AREP also broke ground on a 260,000-square-foot office tower in a Philadelphia suburb alongside its development partners, Oliver Tyrone Pulver Corp. and Partners Group. Bernhaut added in his prepared statement that 1100-1200 American was a quality property with a long-term tenant which kept the offices well-maintained over the years.

Negative absorption in North and Central Jersey

The neighborhood is part of New Jersey’s Princeton/Route 1 Corridor submarket that has seen a 20 percent increase in Class A asking rents since 2004, according to AREP. However, the overall North and Central New Jersey office market is suffering due to the impact of the ongoing COVID-19 pandemic, according to CBRE’s first quarter report of 2020.

According to the report, net absorption of North and Central New Jersey hit a negative 252,000 square feet and ended the momentum of three previous quarters of positive absorption. Alongside the negative absorption, the market’s availability rate increased to more than 19 percent. Looking at just Central New Jersey, the submarket saw a 60 percent increase in leasing activity totaling 502,000 square feet and registered a positive net absorption of 175,000 square feet.

Brian Katz, president & co-founder of AREP, said in prepared remarks that all parties were able to get the transaction done despite operating in the most complicated environment they’ve experienced.

Merrill Lynch's Elliott Kugel Among Nation's Top Financial Advisors

For eighth year in a row, New Jersey's Kugel named to Barron's Top 1,200 listNeighborBridgewater, NJ – Merrill Lynch announced today that Financial Advisor Elliott Kugel of New Jersey has been recognized as a top advisor by Barron’s magazine in its annual "America's Top 1,200 Advisors: State-by-State" list for 2017. This is the eighth year in a row that Kugel has made the list.“Elliott’s recognition on this list demonstrates the high standards he upholds to ensure consistent quality se...

For eighth year in a row, New Jersey's Kugel named to Barron's Top 1,200 list

Neighbor

Bridgewater, NJ – Merrill Lynch announced today that Financial Advisor Elliott Kugel of New Jersey has been recognized as a top advisor by Barron’s magazine in its annual "America's Top 1,200 Advisors: State-by-State" list for 2017. This is the eighth year in a row that Kugel has made the list.

“Elliott’s recognition on this list demonstrates the high standards he upholds to ensure consistent quality service and experience for his clients. He embodies what it means to be a top advisor in the financial industry. It’s not just about following the market and trends; it’s about following the life priorities and goals of your clients and coming up with sound financial strategies to help achieve them. We are proud to support Elliott as he continues to lead by example in years to come,” said Keith Henry, Managing Director- Market Executive.

Advisors considered for the "America's Top 1,200 Advisors: State-by-State" ranking have a minimum of seven years’ financial services experience and have been employed at their current firm for at least one year. Quantitative and qualitative measures used to determine the advisor rankings include client assets, return on assets, client satisfaction/retention, compliance records, and community involvement, among others. Barron’s does not receive compensation from advisors, participating firms and their affiliates, or the media in exchange for rankings.

Kugel resides in Skillman, NJ, and has been a part of Merrill Lynch’s Bridgewater office for 25 years.

Merrill Lynch Global Wealth Management

Find out what's happening in Bridgewaterwith free, real-time updates from Patch.

Merrill Lynch Global Wealth Management is a leading provider of comprehensive wealth management and investment services for individuals and businesses globally. With 14,629 financial advisors and $2.1 trillion in client balances as of December 31, 2016, it is among the largest businesses of its kind in the world. Merrill Lynch Global Wealth Management specializes in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment, cash and credit management. Merrill Lynch Global Wealth Management is part of Bank of America Corporation.

Merrill Lynch makes available products and services offered by Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S) and other subsidiaries of Bank of America Corporation.

Investment Products:

MLPF&S is a registered broker-dealer, a registered investment advisor, Member SIPC and a wholly owned subsidiary of Bank of America Corporation.

LPL Pulls $1B Firm From Merrill Lynch

New Jersey-based Alex Guiliano, founder of Resonate Wealth Partners, left Merrill Lynch to join LPL under the IBD’s Strategic Wealth Services division.Financial advisor Alexander “Alex” Guiliano left Merrill Lynch and launched a new independent practice, Resonate Wealth Partners, through an affiliation with LPL, the independent broker/dealer announced Thursday.Guiliano managed some $1 billion in advisory, brokerage and retirement assets at Merrill Lynch, according to a press release, and will join LPL under it...

New Jersey-based Alex Guiliano, founder of Resonate Wealth Partners, left Merrill Lynch to join LPL under the IBD’s Strategic Wealth Services division.

Financial advisor Alexander “Alex” Guiliano left Merrill Lynch and launched a new independent practice, Resonate Wealth Partners, through an affiliation with LPL, the independent broker/dealer announced Thursday.

Guiliano managed some $1 billion in advisory, brokerage and retirement assets at Merrill Lynch, according to a press release, and will join LPL under its Strategic Wealth Services division.

“I was at a stage in my career where I wanted to look at options across the landscape in search for the best home for my clients and their families over the next few decades,” Guiliano said in the release. “I wanted the freedom and flexibility to set up the client experience the way I wanted and build the business on my own terms with the right partners.”

Based in Ridgewood, N.J., Resonate Wealth Partners was founded by Guiliano “with the mission to help multi-generational families own their ambitions and long-term

goals while also navigating the many financial decisions in front of them,” stated the release.

Guiliano is joined by Debbie Appaluccio and Renee Purita, both directors of client relations.

In April 2020, LPL Financial went live with its SWS offering, which was created for advisors with over $200 million in AUM coming out of the wirehouses or regional full-service firms.

LPL provides SWS advisors with a “high-touch” personalized service meant to replicate the kind of business support many got as employees of a full-service firm. That includes transition advice, assistance onboarding clients, securing real estate, installing technology and setting up compliance and marketing programs.

After the advisor has moved, LPL gives ongoing support with a chief financial officer consultant, a senior marketing strategist, technology support, and provides remote administrative assistants and a dedicated service team.

“The Strategic Wealth program lets me focus on building the client experience without having to focus on day-to-day operations,” Guiliano said.

Guiliano, whose clients include a number of high net worth investors, said he was also attracted to LPL’s private client services, including specialty planning around charitable giving, legacy planning and trusts.

This past summer, LPL unveiled the LPL LPL Private Client Services Network, connecting advisors with outside financial service providers for HNW clients who need customized finance and investment options for situations like diversifying concentrated stock positions or executive compensation plans.

Twenty six firms have joined LPL in the SWS channel since it launched, according to a spokesperson. In March, Richard DeYoung and Jessica Boehm, principals of Highland Wealth Partners based in The Woodlands, Texas, joined LPL SWS from Wells Fargo Advisors, where they managed about $280 million in advisory, brokerage and retirement plan assets.

Former Merrill Lynch 450-acre campus in Hopewell to be sold under Bank of America plan

HOPEWELL TOWNSHIP — A sprawling, 450-acre Merrill Lynch office campus overlooking Interstate 95 here would be sold and leased back under a Bank of America plan to raise cash by unloading real estate.Built in the late 1990s, the horseshoe-shaped complex comprises 1.7 million square feet of office space. In 2009, the Merrill campus was valued at more than $386 million, and Real Estate Alert, a commercial real estate publication, estimated this week the...

Built in the late 1990s, the horseshoe-shaped complex comprises 1.7 million square feet of office space. In 2009, the Merrill campus was valued at more than $386 million, and Real Estate Alert, a commercial real estate publication, estimated this week the property exchange could mark the largest-ever real estate transaction in New Jersey.

Up to 6,500 workers were employed at the Merrill offices in 2008, a number that Bank of America, the parent company, declined to update. Bank of America acquired Merrill in 2009 after the once-proud brokerage lost its footing amid the recession.

Bank spokesman T.J. Crawford said “there will be no immediate impact to employees” in Hopewell, although Bank of America last September began a multi-year effort to shed 30,000 jobs.

“Commercial real estate ownership is not a core business for Bank of America, which is why we’ve decided to sell our interests in the Hopewell campus,” Crawford said.

The bank will lease and continue to utilize the campus space following the sale, Crawford said. The campus currently houses employees of Bank of America and its Merrill unit, Crawford said.

Merrill originally developed the office campus as a place for servicing the brokerage’s customers via phone operations. Other back office functions were also intended to be stationed there. The brokerage subsequently underwent many upheavals due to market and other conditions.

Real estate firm Cushman & Wakefield is overseeing marketing for the sale of the Hopewell property. A representative declined to comment on the process.

However, the New Jersey property may fetch about $400 million, making it the biggest office sale ever in the state, Real Estate Alert said yesterday, attributing its information to “market players.”

A deal at $400 million would exceed the $377.5 million paid in October by a partnership including Seattle-based Bentall Kennedy LP for the 36-story, 1.1 million-square-foot Newport Tower in Jersey City. That was the highest price on record for a New Jersey office property, said Dan Fasulo, managing director for Real Capital Analytics Inc., a New York research firm that tracks commercial property sales.

A Bank of American spokesperson revealed in February that the bank was considering selling all of its offices — with the exception of its headquarters in North Carolina and New York City — in order to cut up to $8 billion in annual expenses.

In March, the bank sold its property at 100 Federal St. in Boston for $615 million. Bank of America agreed to sell the Hearst Tower in Charlotte, N.C., to Parkway Properties for more than $250 million, it was reported earlier this month.

“The company continues to sell non-core business units and assets that don’t support its strategy,” a statement from the bank said, “thereby strengthening the balance sheet, and improving capital and liquidity.”

Bloomberg News contributed to this report.

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You can embrace a brighter, pain-free future.