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Only its brokerage unit reported an increase.
This year, Mr. Gorman added the retail brokerage unit to his duties.
She succeeded Richard F. Brueckner, chairman of Pershing, a Bank of New York Mellon brokerage unit.
The account is not, however, integrated with Citigroup's Smith Barney brokerage unit.
Mrs. Ogden, 61, is a financial adviser at a New York brokerage unit of Wachovia.
"There is no panic," said James P. Gorman, president of Merrill's brokerage unit.
The Drexel Brokerage unit was sold to permit a Chapter 11 filing.
Earlier this year, Merrill eliminated 1,800 jobs in its brokerage unit.
That time, the brokerage unit accounted for about half the cuts.
While Fidelity's brokerage unit offers separate account services, its vaunted fund management team does not participate.
The court-appointed trustee overseeing the liquidation of failed firm's brokerage unit has asked that claims proceedings be set up for brokerage customers, securities account customers and general creditors of the brokerage unit.
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