Merrill Lynch

Wirehouse policy changes are bearing fruit and leaving advisor career options in flux.

To convince advisors to try its platform, Capitect took a number of steps, including partnering with XY Planning Network to provide its tools to members without cost.

The recruits oversaw more than $200 million in client assets.

Jim Senderling and John Robbie had been with Merrill Lynch for 27 and 25 years, respectively.

The firm’s FA ranks at 14,820 were down by only nine brokers from the previous quarter.

Despite loosening regulations and the president’s tax cuts, BofA continued a string of lackluster second-quarter earnings for the big banks.

Bruce Keebeck Lee has repeatedly been ranked as a top advisor by both Barron’s and The Financial Times, but he was fired in April for a failure to file compliance paperwork.

Gains by rivals expose independent advisors' vulnerability, says United Capital's Matt Brinker.

Since early May, the wirehouse has lost at least 27 advisors managing a combined $15 billion.

The lawsuit follows a complaint by the SEC alleging that five men and three companies defrauded more than 600 investors.

While Raymond James and Stifel are on hiring sprees, Wells Fargo is still losing talent.

The app also allows clients to use the Zelle person-to-person payments service.

The regional firm's new additions consist of two veteran advisors from Wells Fargo and a father-daughter duo from Merrill Lynch.

The firm’s largest investors have already been in talks about strategic options, according to people familiar with the matter.

The firm agreed to settle and admitted wrongdoing, according to the regulator.

The regional firm keeps growing after joining the Broker Protocol in March.

One JPMorgan client thought it was “odd and weird” that the advisor called during the Memorial Day holiday, on behalf of Merrill Lynch.

The move is an early indication of how firms may react to the demise of the Labor Department regulation.

The wirehouse's traders and salespersons misled and overcharged clients with regard to the securities, the regulator charges.

J.P. Morgan hired 160 brokers last fiscal year, and it’s not slowing down in 2018.