Fund Fire – $240M Merrill Team Goes Indie
Snowden Lane Partners has poached the $240 million Mayo-Bryer Group from Merrill Lynch to work out of the firm’s newly opened office in Bethesda, Md.
The team is led by Alex Bryer and Keith Mayo, who joined the independent Snowden Lane this month, according to Financial Industry Regulatory Authority records. Their most recent annual production was $2.1 million.
They’re joined by private wealth advisor Ryan Perraut and registered client relationship manager Heather Talesnick. The team reports to managing partner and president of Snowden Lane Greg Franks.
This is the fourth Merrill Lynch team to join the Snowden Lane in the last year. The firm’s executive chairman is former Merrill executive Lyle LaMothe.