BoA said that it hoped the merger will better position it to serve mass-affluent investors with $100,000 to $3 million. In the change, BoA client managers will no longer handle client relationships but, instead, cooperate with Merrill financial advisers to recommend banking products.
BoA’s Wealth Unit Becomes Part of Merrill
March 27, 2009, 2:21 p.m. EDT 1 Min Read