Bank of America continues to push its efforts to cross-sell brokerage products to banking customers -- and vice versa. This week, BofA announced plans to boost Merrill Edge, adding almost twice as many financial advisers to the service for mass affluent consumers.
Pessimistic mass-affluent, millionaire investors are putting more money in play
Survey finds mass-affluent investors still gloomy as heck about their finances; 'not matching the reality of their situation'
This year's survey of advisers shows why some firms are flying high again - and also reveals where some advisers are holding back. | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20111018&Category=FREE&ArtNo=101809999&Ref=PH>Most common reasons employees leave advisory firms</a>
As Congress begins to assess the possible role of exchange-traded funds in recent market volatility, two ETF providers are clashing over the best way to help investors navigate the increasingly complex products
Bank of America Corp., hit by a credit downgrade last month, has moved derivatives from its Merrill Lynch unit to a subsidiary flush with insured deposits, according to sources with direct knowledge of the situation
Gold prices, down 14% since touching a record last month, are poised for more losses, according to technical analysis by Steel Vine Investments LLC
When advisers and clients discuss what's happening in Washington, it tends to be an outlet for venting about political gridlock
Most parents are aware of Section 529 college savings plans and like them. So why do only about 21% actually use them?
As work begins on the final version of the Volcker rule, wirehouse financial advisers say that their high-net-worth clients would feel the biggest impact from any new regulations that placed investment restrictions on financial institutions
Enforcement actions against advisers up by nearly a third, B-Ds by 60%; 'settlements are not feeble'
Says AG's complaint devoid of any allegation of misrepresentation by brokerage to clients
Surprisingly, an exclusive <i>InvestmentNews</i> poll shows that nearly 40 percent of advisers support the Occupy Wall Street movement. But an even larger percentage say nothing will come of the protests. | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20111013&Category=FREE&ArtNo=101309997&Ref=PH>Which investment industry bigshots back OWS -- and which don't</a>
Legg Mason's Andrew J. Bowden will join the SEC as an associate director to lead the National Investment Adviser/Investment Company Examination Program.
The Senate confirmed two nominees to the Securities and Exchange Commission on Friday, bringing the agency back to full power.
Investment advisers should get set for higher compliance costs — as well as a self-regulatory organization, said Chet Helck, chief operating officer for Raymond James Financial Inc.
