Merrill Lynch

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.’