The 12 months is 1989. Phil Serra, who is in his mid-20s at the time, has just taken on a new part as an account executive at Merrill Lynch, the wealth and investment management division of Financial institution of The usa. Naturally hunting to dress for accomplishment at his brand name-new career, the Detroit indigenous decides to use one particular of his very first paychecks to buy a single-breasted blue suit from Cicchini Customized Clothier in Birmingham. 30-4 several years afterwards, the 59-year-previous West Bloomfield Township resident is however heading powerful at Merrill, where he has risen to come to be a wealth administration adviser, as very well as running…