Merrill, previously branded as Merrill Lynch, is an American investing and wealth management division of Bank of America.
Merrill Lynch
Merrill Slows Broker Attrition, Keeps Focus on Internal Growth: Exec
Bank of America’s wealth business notched record revenue and assets despite steadily declining headcount.
Project Thunder Week 7: Merrill Touts New Bank of America Rewards Program for High-Net-Worth Customers
In the penultimate week, the wirehouse also promoted simplified approval for hosting seminars and new tax services to help brokers “improve after-tax results” for customers in Merrill advisory programs.
Referral or Recommendation? Firms Walk Thin Regulatory Line in Sending Self-Directed Clients to Advisors
Firms can double revenues when clients make the transition, but nudging clients too aggressively could trigger SEC Reg BI or fiduciary requirements, lawyers say.
Morgan Stanley Scoops up $8.9-Mln Citi Team in New York
The group includes seven advisors who had managed almost $1 billion in assets, according to a source.
Sanctuary and Former Broker Settle Gender Discrimination Case
The terms of the pact were not disclosed.
Bank of America, JPMorgan Make It More Expensive to Stay Unvaxxed
Meanwhile, Wells Fargo is “reviewing the new requirements” set out by the Biden administration as it evaluates potential policy changes.
Wells Nabs $1 Mln-Plus Producers in TX and OH, Loses Indie Broker to LPL
M. Tracy Barker, a 33-year industry veteran in Cincinnati, is joining Wells and bringing along his daughter, previously a Proctor & Gamble finance manager, as a trainee.
Merrill Offers $200 Payments to Vaccinated Staffers Who Return to Office
The payments are being offered to those in field roles, excluding advisors and office managers, a company spokesman confirmed.
Another Team with a $600-Mln-Plus Book Leaves Merrill in Greenville, SC
A five-person team, led by two Merrill Lynch lifers, defected from the wirehouse for Raymond James & Associates on September 29, according to registration records.
Raymond James Dances the Texas Two Step, Snagging Merrill Frisco Team and Austin Duo
A three-person team led by 37-year industry and 16-year Merrill veteran Jon Blair with $1.35 million in production moved to Raymond James’ Frisco office.
Exclusive: Merrill Strips Trainees of Their Client Books
The firm pulled clients from around 200 trainees in the new Advisor Development Program and will distribute them to established Merrill brokers.
