A former Merrill Lynch team that managed $400 million in client assets is going independent with the help of tru Independence, an open architecture RIA platform, according to the firm.
Merrill Lynch team, The group, led by Blaine Werner, is known as 44 Wealth Management, representing the 44 years it has been servicing clients. Werner built his 43-year career at Merrill Lynch, according to FINRA BrokerCheck records. He is joined by his daughter Margo Werner, as well as client associates Linda Brackett, Teri Hughes, and Holly Matus. Stacy Sizemore is the team’s chief compliance officer. They are located in Eugene, Oregon.
To assist his team’s move to the independent channel, Werner looked at a number of firms before settling on tru Independence. He pointed to the firm’s technology and research as reasons he picked it over competitors.