Bank of America Merrill Lynch is one of the world’s premier providers of wealth management, securities trading and sales, corporate finance and investment banking services.
Peter Sargent, a 20-year veteran of Merrill Lynch, stunned many when he left to join Janney in March. He chose Janney for its focus on client relationships and the combination of scale and intimacy that it offers....
The battle for the retail brokerage crown is real. Both Merrill and Morgan Stanley scoffed at the idea that they were competing for the No. 1 slot back when we wrote about their new-ish rivalry......
Merrill Lynch financial advisors can expect Bank of America cost-cutting to take the form of greater client segmentation and reduced bureaucracy, said John Thiel, head of U.S. wealth management and the private banking and investment group for Merrill Lynch, in a recent interview....
In the past three years, Wall Street firms have ramped up fiduciary training for their financial advisors ahead of rules, and market trends, that may demand it. So why don’t they want you to know about it?...
Recruiters are having a harder time placing talent at the firm, thanks, some say, to BofA's banking culture and a string of bad press. But is the tide starting to turn?...
Jordan Waxman can handle the Ironman—he’s planning to run his fifth and sixth triathalons this year—but he couldn’t handle Bank of America bureaucracy. ...
Does Merrill Edge, Merrill Lynch's brokerage, banking and financial advice platform for the mass affluent, compete directly with Merrill financial advisors?...
If you opened up a copy of BusinessWeek just two weeks ago and bothered to glance through the ads, you’d see a picture of $2.3 million producer Peter Sargent featured in Merrill Lynch’s ‘The Power of the Right Advisor’ campaign. He was also chairman of the wirehouse’s advisory council. But today, you’ll find Sargent at regional firm Janney Montgomery Scott in Yardley, Pa., having recently jumped ship after 20 years with Merrill. ...
Registered Rep. is the most trusted digital and print source for the retail investment professional, serving brokers, financial advisors, RIA’s, IBD’s, insurance, financial planners, and financial product companies with award-winning insight coverage of the brokerage, wealth management, fund and financial product industry as well as breaking news, data, rankings, and profiles.
Subscribe today to get the news you need and information you want from our e-newsletters. To preview the current issue click on the newsletter below. Subscribe Today!
