Merrill Lands $4M Producers From J.P. Morgan
The group was responsible for about $425 million in client assets.
More in Wirehouses
Recruits from Edward Jones, Morgan Stanley and Barclays leave for the wirehouse. more »
The wirehouse picked up the Blaustein Clancy Financial Group in New York. more »
Both wealth managers, who left UBS, also had a combined $289 million in client assets before making the move, RBC said. more »
One of the advisors managed about $200 million in client assets while working for the wirehouse. The other joins a $500 million team at Janney, the firm said. more »
Three advisors left the wirehouse to join the independent brokerage network at Wells Fargo. more »
Total client assets for the wirehouse also rose to a record $2.047 trillion, edging it into the no. 1 spot past rival Merrill Lynch. more »
An arbitration panel granted the wirehouse's request for damages for breach of contract, but the award fell short of the original $1.4 million the firm sought. more »
Quartet of advisors with $175M in AUM joins Raymond James' independent operation. more »
Bank of America and its Merrill Lynch unit were sued by two former financial-advisor trainees who claim they weren’t paid overtime for long days and weekend work. more »
Sources say the review of the firm's Australian wealth management business may lead to a sale. more »
The challenge for traditional firms like Wells Fargo Advisors, says its new digital head, is taking the reputation it has built through one-on-one client relationships over years and translating that for a digital age. more »
But net income drops at Merrill Lynch and U.S. Trust, according to first quarter earnings. more »
How these leaders forge stronger relationships with advisors. more »
The April Issue is now online!


TWITTER
FACEBOOK
LINKEDIN

Industry Events

April 26, 2015 |

June 18, 2015 | New York Hilton Midtown, New York, NY

June 24, 2015 | Chicago, IL

November 3, 2015 | The Broadmoor Hotel in Colorado Springs, Colorado

Already a subscriber? Log in here