Merrill Lynch says its total assets under management exceeded $500 billion at the end of 1998. Assets under management were $501.2 billion as of Dec. 25, 1998, the end of the firm's financial year. The figure is the total amount of assets managed worldwide in the firm's asset management group, which provides products and services to both institutional and retail clients.
Republicans will be planning a victory lap and Democrats will be thinking about their election strategy. But financial advisors and tax pros will be preparing their clients.
Earning and maintaining certifications requires a significant time investment. So why do advisors go through the trouble?
As Raymond James, Wells Fargo and RBC reported big recruiting deals this week, FINRA said it was going to pay back to its members a large chunk of the fees they paid last year.
Looking forward to not answering client phone calls? Here's how to make it happen.
In separate cases, two federal judges found that neither Wells Fargo nor LPL had a fiduciary obligation to look for clients' best interests with uninvested cash held in brokerage accounts.
Even after accounting for income, Black Americans still trail in retirement savings, according to a recent EBRI study. Advisors point to a mix of historic and systemic barriers that make the gap hard to close.
