Merrill Launches Ultra-High-Net-Worth Advisory Group - Bank of …
4 days ago · Today, Merrill Wealth Management announced the launch of its Ultra-High-Net-Worth (UHNW) Advisory Group, a team of more than 25 Merrill specialists who will partner with advisors to deliver comprehensive wealth and investment solutions to UHNW clients and connect them to Bank of America’s breadth of capabilities.
2024 COMP: Merrill Lynch Sunsets ‘Growth Grid ... - AdvisorHub
Oct 24, 2023 · Fresh off a 25-city listening tour, Merrill Lynch’s newly installed co-heads sent a signal on Tuesday that they are listening to their sales force and are rolling back two controversial pay...
Merrill Lynch’s Latest Game Plan to Court the World’s Rich
2 days ago · It’s all about the cross-sell. Merrill Lynch Wealth Management announced a brand new division this week intended to connect the firms’ wealthiest clients with other products in the Bank of America network, according to a press release.The UHNW Advisory Group will consist of more than 25 specialists who will help advisors create personalized portfolios and direct wealthy clients to in-house ...
Merrill adds new clients by tapping Bank of America customers
Jan 12, 2024 · Merrill Lynch Wealth Management acquired a record number of new clients last year, thanks in large part to signing up customers from other parts of its parent, Bank of America.
SEC charges Merrill Lynch and Harvest for ignoring client …
Sep 25, 2024 · The U.S. Securities and Exchange Commission charged Harvest Volatility Management and Merrill Lynch on Wednesday for exceeding clients' predesignated investment limits over a two-year period....
Despite revenue dip, Merrill Lynch growth contributes to strong …
Jul 18, 2023 · Merrill Lynch client balances grow 8.4% year-over-year to surpass $3 trillion in the second quarter. Although revenue was down, growth at Merrill Lynch Wealth Management contributed to one...
Merrill Lynch to Triple Total of Active ETFs: FT - Yahoo Finance
Aug 30, 2024 · Bank of America’s Merrill Lynch plans to triple its active ETF lineup over the next three to five years, evidence of financial services firms' efforts to address surging demand for these...
Merrill Signs JPMorgan Private Banker Managing Nearly $9
Feb 12, 2024 · Merrill Lynch Wealth Management has wooed a private banker from JPMorgan Chase & Co. in Los Angeles, according to sources familiar with the move.
Is Sieg's Departure 'Beginning of the End' for Merrill's
Apr 3, 2023 · The news that Andy Sieg — head of Bank of America Merrill Wealth Management since 2017 — left the firm Thursday to become chief of Citigroup's Global Wealth unit is begging the question of ...
BofA’s Wealth Margin Slides, But CEO Expresses Faith in New Merrill …
Apr 18, 2023 · Profit margin at Bank of America’s Global Wealth division, including its Merrill Lynch brokerage and its private bank, slumped to 23% in the first quarter this year as market declines hampered...