The firm said in a statement that it has hired Charlotte Hultman, who joins from Glitnir Bank, where she was director of wealth management. In her new role, she will be based in Luxembourg and report to Steen Foldberg, Global Wealth Management market director for Luxembourg, Merrill Lynch.

Her new job involves providing high net worth clients in Luxembourg and Belgium with advice on insurance, estate planning, inheritance, tax-efficient products, cross border tax issues, relocation, trust structures and other wealth planning solutions.

Her other previous experience includes roles with ABN Amro and Ernst & Young, advising clients on tax and estate planning.