Merrill Lynch Wealth Management today announced the appointment of Yanir Brenner and Dan Ram as vice presidents and financial advisors in Israel. Based in Tel Aviv, Brenner and Ram will focus on Israeli high net worth individuals and ultra high net worth individuals.
The two will report to Sigal Shapira, head of Merrill Lynch Wealth Management in Israel.
Brenner joins from HSBC Private Bank in Tel Aviv where he was a private banker focusing on high net worth and ultra high net worth individuals. He was a financial advisor at Analyst IMS for six years before that, and previously, a journalist at Israeli newspaper Yediot Aharonot.
Ram was a financial advisor at UBS Wealth Management in Tel Aviv. Before joining UBS, he worked at Edmond de Rothschild Investment Services as a private banker and a trader covering European and Israeli markets.
Merrill Lynch Wealth Management has been operating in Israel since 2000 and provides solutions to Israeli clients from offices offshore in the US, UK and Switzerland.
Merrill Lynch Global Wealth Management has about 15,100 financial advisors and had approximately $1.4 trillion in client assets as of the end of June, and is among the largest businesses of its kind in the world.
Merrill Lynch Wealth Management is part of Bank of America Corporation. Merrill Lynch was bought by Bank of America in 2008 and is now a wholly-owned subsidiary of the bank.
Published by Globes [online], Israel business news - www.globes-online.com - on October 25, 2010
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