Merrill Lynch exec heads Macquarie Private Wealth
Thursday, 18 March 2010 12:30pm
Macquarie Banking and Financial Services Group has appointed former Merrill Lynch US Private Client Group managing director, Eric Schimpf, as the new head of Macquarie Private Wealth.
Schimpf will head up MPW's 425 advisers providing advice services to clients throughout Asia, Australia and New Zealand.
He is a qualified adviser, and joins MPW from his role as regional managing director, Private Banking and Investment Group.
He was responsible for Merrill Lynch's operations in the south-eastern part of the US and for the ultra-high net worth client activity in that region.
During his 16 years with ML, he held a wide range of financial services management roles and began his career as a financial adviser.
Schimpf became an adviser in 1994, after spending four years in the US army following the completion of his education at the US Military Academy at West Point.
He will be starting his new role in the next few months after relocating with his family from Atlanta, Georgia.
Company release
This story was found at: http://www.financialstandard.com.au/news/view/28329
Printed: Wednesday, 8 September 2010 7:10am