NEW YORK, June 30 (Reuters) - Bank of America's MerrillLynch said Tuesday it hired three more financialadvisers from the recently sold Barclays Plc's U.S.wealth and investment management unit, adding to a cadre ofadvisers Merrill has poached from the Barclays unit this month.
Barry Schneider, Cris Bera and Chris Dewhurst joined MerrillLynch's elite Private Banking & Investment Group in Houstonwhere the three had managed around $750 million at Barclays formostly high net worth clients in the oil and gas industry. Theadvisers were not available for comment.
Schneider, 70, got his start at Goldman, Sachs & Co, andlater worked for Morgan Stanley and Lehman Brothers beforejoining Barclays. Schneider's colleagues, Bera, 45, andDewhurst, 36, also spent time at Lehman Brothers before joiningBarclays.
Barclays did not respond to a request for comment.
Earlier this month, Merrill Lynch said it hired a dozenadvisers from Barclays, including Michelle Motsko and MichaelBrodnik in Washington who had produced $3.2 million in annualrevenues over the last year at Barclays.
U.S. investment bank Stifel Financial Corp confirmedit would buy Barclays wealth unit earlier this month. (Reporting by Elizabeth Dilts; Editing by Phil Berlowitz)
Barclays (BARC)
