The move would reflect the bank's effort to cut $4 billion in costs.
Says viewing health costs as a staggering lump sum impedes action and planning.
Colorado broker Dennis Farrah quit firm before state regulators revoked his license.
Association health plans would lack some of the protections required under Obamacare.
More than 70% of those under 40 want their wealth managers to discuss the subject.
Closures occur as the company puts more emphasis on factor investing.
Investment unit's Automated Investor created with help of BlackRock's FutureAdvisor.
Larry Holley and Patricia Gray are defendants in parallel SEC civil action.
Strategy involves a limited liability company and non-grantor trusts set up in a no-tax state.
Competition is heating up among asset managers.
