Bank of America Corp. said Tuesday it has hired 280 new wealth-management advisers in Texas and Florida, doubling its overall number of advisers to more than 1,000 nationwide.
The Charlotte, N.C.-based company has been hiring additional Merrill Edge financial solutions advisors this year as part of an effort to serve customers with investable assets of $50,000 to $250,000.
The bank hired about 155 people in Jacksonville, and almost 65 advisers in other Florida markets including Boca Raton, Ft. Lauderdale and Sarasota. Now B of A has more than 350 wealth-management advisers on staff in Florida.
In Texas, the bank hired more than 60 people in 20 cities, including Austin, Dallas, Houston and San Antonio.