Garrett Sherman Leaves Merrill Lynch to Join Waddell & Reed in Albany, New York

ALBANY, NY — Winthrop & Co. is proud to formally announce that Garrett Sherman has joined Waddell & Reed, continuing his practice in Albany and New York's Capital Region.

Garrett joined Merrill Lynch in 2015 and spent more than five years building his practice there, serving families and professionals across the Capital Region. His move to Waddell & Reed gives that practice a platform built around the advisor: broader flexibility in how he serves clients, open-architecture investments, and ownership of the relationships he has built.

Waddell & Reed brings one of the industry's longest histories in financial planning, and its wealth management business is set to gain additional scale through LPL Financial's recently announced acquisition of the firm, pairing Garrett's practice with the resources of the nation's largest independent broker-dealer platform.

His transition reflects a pattern Winthrop & Co. sees across the industry: advisors who build genuine planning relationships inside a large branch system eventually want more room to run the practice their way. For established wirehouse advisors, the independent-minded channels offer exactly that combination of freedom and support.

Winthrop & Co. worked with Garrett through his evaluation and transition, from the initial confidential conversation through his first day. As with every placement, the process was run quietly, on his timeline, and at no cost to him.

Winthrop & Co. is an independent consulting and advisor placement firm serving financial advisors nationwide. We represent the advisor, never the firm, across wirehouse, regional, independent broker-dealer, and RIA channels. Advisors exploring their options can request an introduction in complete confidence.