Merrill Lynch

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.

The firm has 20 teams that cater to ultra-high-net-worth individuals in the Sunshine State, and has plans to double that over the next few years.

The new additions represent Rockefeller’s first foray into Colorado.

The legal tussle represents the latest effort by a brokerage firm to enforce non-solicitation agreements against advisors.

The team’s client base primarily consists of business owners, corporate retirement plans, families and individuals and retirees.

Documents shed light on how two brokers overseeing trainees allegedly called hundreds of phone numbers on Merrill’s Do Not Call list.

The new hires include industry veterans and they join a growing branch in Dallas.

The margin requirements apply to Merrill Lynch wealth management clients and individual traders using the Merrill Edge platform.

Collectively, the brokers generated $167 million in annual production and oversaw $37 billion in combined client assets.

These elite producers in some cases operate far from Wall Street, even as they work for well-known wealth managers such as UBS, Merrill Lynch and Ameriprise.