When John Thiel took over as head of U.S. Wealth Management for Bank of America Merrill Lynch in April, the 15,000 or so Merrill Lynch financial advisers breathed a collective sigh of relief.
Regulator cracking down on risky or nontraded REITs, VAs and private placements; also zeroing in on B-Ds' fees
Fed head's message to investors is clear: Take on more risk
Brokerage rolling out low-cost variable annuities for RIAs; direct sales to consumers the endgame
Rep. Tim Huelskamp from Kansas has proposed a bill that would permanently repeal the estate tax; Finra warns advisers about risky investments, while the SEC urges responsibility when using social media.
Star manager Jeffrey Gundlach makes his closed-end fund debut on Thursday
Sammons to launch new product with large investment menu; hawking the tax benefits, not the living benefits
