"Alexandra and James." You already know these wealth-management newcomers

From today's Wall Street Journal:

Alexandra and James Lebenthal, who left Merrill Lynch & Co. last year after the firm dropped their family brand name, plan to resume their Wall Street careers by joining an Israeli bank.

Blocked from using the Lebenthal brand name still held by Merrill, the father-and-daughter team will call the new venture simply Alexandra & James,

Alexandra Lebenthal, age 42, will become the chief executive of the broker-dealer unit of Israel Discount Bank of New York, a subsidiary of Israel Discount Bank, where an investor group led by Matthew Bronfman and Rubin Schron recently acquired a controlling stake.

At Israel Discount, Ms. Lebenthal's unit will focus on both municipal bonds and wealth management for families with net worth of $2 million to $20 million. She plans to offer "family office" or "financial concierge" services.

Marketing the new unit will be the job of Alexandra's father, James Lebenthal, who will assume the title -- unusual for Wall Street -- of creative director.

James Lebenthal is 78. Sounds like our preceding post is right on the money: Most affluent retirees plan to keep working.