Merrill Lynch

Debate still rages over his legacy. But there's no doubt about how much O'Neal overcame on his way to becoming the first Black Wall Street CEO.

Industry headhunters look for a revival of Merrill's recruiting efforts to stem the slow bleed of talent to industry rivals.

Recruiters say the moves show how wirehouses will continue to fight an uphill battle as they struggle to keep experienced teams from moving on in the coming year.

The firm's wealth management co-head said that recent changes to its pay grid have been favorably received.

Finance gurus see the coming 12 months as a time to dilute concentrations in cash and large firms' stock and consider emerging markets and small caps.

The plaintiff in the class-action suit notes that returns at rival institutions rose when inflation started driving prices up last year. Her rates did not.

Organizational changes come amid the firm's growing wealth management ambitions.

Despite recruiting efforts, firms have struggled to bring in new blood, making retention more important than ever.

The nine-person team specializes in working with ultrahigh net worth clients, including private equity partners and company executives.

Merrill president and co-head Lindsay Hans said the firm is well-positioned for the "largest asset-gathering opportunity that FAs have seen in decades."

A former mentor who already made the move to Janney Montgomery Scott says the Market Street Advisors group will find both freedom and support.

The move comes as the Swiss banking giant continues to push its wealth management ambitions in the U.S.

Advisors and brokers rarely put up fights when a former employer comes for loan paybacks as successes are few and far between.

A staff member in the firm's fraud investigations group found reporting failures dating back to 2009.

The moves come as Merrill seeks to integrate more with parent company Bank of America.

The team, led by financial advisor Ting O'Connor, left because they were unhappy with Merrill's culture and wanted better working conditions for their support staff, a recruiter said.

Paul Morris, a managing director in Merrill Private Wealth Management, was deposed about his relationship with Jeffrey Epstein at two other banks now facing suits alleging they knowingly benefited from sex-trafficking.

Morgan Stanley supplanted JPMorgan Chase atop the rankings of the biggest compensation for head executives across wealth management.

Ahead of TEFAF, a top art fair it will sponsor in New York next week, Bank of America shared why art matters to rich investors and what buyers can expect this year.

Tapping a relationship that was around 15 years strong, Sanctuary won a legacy Merrill Lynch team in the competitive market for independent advisors. Here's how it happened, Sanctuary president Vince Fertitta told FP.