The terms of the pact were not disclosed.
The group, who oversaw $420 million in assets, cited more flexibility with an independent firm as well as acquiring equity in Steward.
Five advisors had a combined 86 years with Merrill, according to BrokerCheck, and had managed $1.75 billion in customer assets.
Four advisors in Portland had spent a combined 73 years with Merrill.
The 36-year industry veteran was unsuccessful in his bid to clear his record of three financial crisis-era disputes that had settled for about $3 million combined.
Four-advisor UBS team managing $470 million joined in Ft. Myers, while a father-daughter team overseeing $138 million shifted from Merrill in Pennsylvania.
The third week of “wins” in Merrill’s Project Thunder campaign to address broker feedback includes more tweaks on the margins.
Francis Ciocari, who had logged eight years at Morgan Stanley and 15 at Merrill Lynch prior to that, managed $300 million in client assets, according to an announcement.
Career Merrill brokers had overseen $600 million in assets, a Rockefeller spokesperson confirmed.