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Merrill team managing $550 million moves to Rockefeller Capital

A Merrill Lynch team managing $550 million in Northbrook, Illinois, has joined Rockefeller Capital Management, a New York-based advisory firm managing $5.4 billion.

The team is led by Bill Colwyn and Dan Mendelson, both of whom had worked at Merrill Lynch since 2008, and is known as the CM Private Wealth Group.

The team also includes Michelle McCabe, the chief operating officer.

[More: Rockefeller hires three wirehouse teams]

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