Managing director of Merrill Lynch and former financial planner, Jay O’Neil, will soon relocate to Australia from the United States to head up Macquarie Private Bank, Macquarie has announced.
O’Neil will join Macquarie once he completes his responsibilities at Merrill Lynch, where he most recently managed the firm’s foreign office in New York.
O’Neil is a certified financial planner, and received the certified investment management analyst designation shortly after he joined the financial services industry in 1994.
He held several senior management and sales positions with Merrill Lynch, also serving as director and regional branch manager for private banking at Credit Suisse.
Head of Macquarie Private Wealth, Eric Schimpf, described O’Neil as a “highly experienced financial services professional … who will help shape and grow the bank into the future”.
O’Neil is expected to relocate to Sydney in the next few months, where he will commence his new role at Macquarie Private Bank, which offers specialised advice to high-net-worth retail clients.
