Merrill Team Managing $1.75 Billion Leaves to Start Own Firm
- Scott and Brett Bills open Nilsine Partners in Colorado
- Breakaway team plans to recruit as well as grow through M&A
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A nine-member team led by brothers R. Scott Bills and Brett R. Bills, which managed $1.75 billion at Merrill Lynch, has left to form a new advisory firm.
“Our whole crew spent the majority of their careers at Merrill, so this was not a decision we took lightly,” Scott Bills said in an interview. “The pandemic gave us more time to be more reflective and thoughtful about the future,” said Bills, whose new firm will be called Nilsine Partners and is based in Greenwood Village, Colorado.