Merrill Lynch

Advisors may be upset due to the high-handed attitudes of the larger firms, but pulling down six zeroes a year can offset a lot of irritation, says On Wall Street’s annual recruiters roundtable.

Timothy Scheve will complete the term of John Thiel, the former head of Merrill Lynch, who left FINRA's board earlier this year.

CFO Paul Donofrio said advisors are embracing the firm's growth initiatives and incentives laid out in the 2018 compensation plan.

One of the biggest notable losses came from Merrill Lynch, which lost a team managing $1 billion to the independent space.

The new fee system will impact more than 800,000 customers.

The firm was defined by a culture of “no, no, no,” a top headhunter says as part of On Wall Street’s annual recruiters roundtable.

Updated calculators and a leaner interface are intended to raise awareness of “retirement readiness.”

Merrill Robertson Jr. had previously been sentenced to 40 years in prison in a separate criminal case.

Need a gut check on your career? Read what top recruiters have to say about the big and small firms in the industry.

Planners are seeking the independence and support that they say they aren’t getting at wirehouses.