Merrill Lynch

Thousands of clients paid sales charges that they wouldn’t have incurred had they held the pricey alternative products until maturity, according to FINRA.

The giant wealth manager is re-hitting its stride after its best quarterly net gain in advisors in at least two years.

Merrill Lynch, Ameriprise Financial and Hightower Advisors are on the list for the 2021 Digital Wealth Management Impact Innovation Awards.

Participants will instead be directed to use internal referrals or LinkedIn messages, according to a person familiar with matter.

With technology upgrades and the hiring of former TD Ameritrade recruiters, the No. 1 IBD eyes further expansion in the RIA channel.

Advisors and clients at Bank of America's brokerage can now collaboratively create multiple accounts across the firm simultaneously.

The team managed $1.5 billion in client assets with Merrill Lynch, and they chose an RIA with ties to the wirehouse working in its favor.

The two lead advisors had each spent more than two decades with the wirehouse.

Financial Planning continues its four-part analysis of core compensation components at wirehouse, regional and national BDs.

Despite losing more than 295 net advisors in the first three months of the year, the wirehouse had one of its best quarters in history in terms of revenue.

The quartet of advisors picked the nation’s largest IBD out of the increasing number of suitors available to ex-employee practices.

The largest brokerages typically make comp changes that are ‘evolutionary, rather than revolutionary.’

Advisors can use Digital Wealth Overview to send an automatically-produced animation that gives a comprehensive look at financial accounts.

For just $1,000, clients can sign up for the firm’s purely digital automated advice service.

To oversee operations in the middle of the country, Merrill Lynch turned to a veteran of the firm.

After obtaining documents through FOIA requests, FP’s Jessica Mathews explains the larger industry implications of one firm’s internal investigation.

The wealth managers paid victims restitution prior to one barred rep’s guilty plea and another one’s sentencing.

The veteran FAs’ one complaint blotted their records for seven years.

The quartet of financial advisors range in age from their 20s to their 90s, and are the second group to sign with Dynasty this week.

The group includes an advisor who oversaw $843 million.