Rockefeller Lands Merrill Team with $ 7.2 Million Cincinnati Production


March 19, 2021

Rockefeller Capital Management gained a foothold in Ohio with the hiring of a $ 7.2 million Merrill Lynch team in Cincinnati on Friday, according to a well-placed source.

The group includes four advisers, Ross J. Hambleton Jr., his brother, Matthew Hambleton, Michael J. Fieler and Andrew T. Sullivan, who have joined Rockefeller’s private wealth management business. They moved with four client associates and support staff and managed $ 1.3 billion in client assets, according to the source.

The group are the 49th team to join Rockefeller since its recapitalization in 2018 and reports to Michael parker, a division manager in the Northeast who joined in mid-2019 after leading recruiting for RBC Wealth Management-US

“Teams like the Hambleton Fieler Group embody the Rockefeller mission and bring decades of combined experience to meet the complex needs of wealthy individuals and families with a personalized and holistic approach,” Parker said in a prepared statement.

The Hambleton team, which mainly joined Merrill in 2006 from Citigroup’s Smith Barney unit, could not be immediately reached for comment. The practice originated with Ross Hambleton Sr. in 1977, according to Matthew’s LinkedIn page.

Ross Hambleton started at Smith Barney, which was later acquired by Morgan Stanley, in 1999 and moved to Merrill in 2006, according to BrokerCheck.

Matthew started his career at Smith Barney in 2003, and Fieler started at Smith Barney in 1994, according to BrokerCheck.

Sullivan started at Fifth Third Asset Management in 2009 and joined Merrill in 2011, according to his BrokerCheck.

Rockefeller has picked the big wirehouse teams since his recapitalization in 2018, but drew heavily on Merrill Lynch this year.

The company earlier this month added a team of three Merrill brokers in San Antonio with $ 4.9 million in revenue and end of February attracted a $ 3 million team in California. He also recruited a seasoned regional director of private wealth management from Merrill, Brett thelander, to be division manager Midwest in Chicago.

A spokesperson for Merrill Lynch, who froze his efforts to recruit seasoned brokers in 2017, did not return a request for comment on Friday’s decision. Merrill, like Rockefeller, is a signatory to the Protocol for Broker Recruiting, which allows brokers to solicit former clients as they move between signatory companies.

Merrill Lynch lost a team managing $ 750 million in assets for corporate share plan clients last week at UBS Wealth Management USA in Kenwood, Ohio.


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