In the 100th episode of the InvestmentNews Podcast, Bruce and Jeff go in strong with a big guest, Andy Sieg, president of Merrill Lynch Wealth Management. They address a multitude of topics related to the shift in wealth management from 2021 to 2022, including how firms are hiring and retaining talent, and when it will be time to start raising adviser fees.
Guest Bio:
Andy Sieg is president of Merrill Wealth Management and a member of Bank of America Corp.’s executive management team. In this role, he oversees more than 25,000 employees who provide investment and wealth management strategies to individuals and businesses across the U.S. Sieg also oversees Bank of America’s Investment Solutions Group, which includes the Chief Investment Office and a wide range of thought leadership, product and portfolio offerings and platforms.
The InvestmentNews editorial team recaps the twists and turns of the first half of 2025.
Bruce chats with reporter Andrew Cohen, who has covered the RIA industry for InvestmentNews since late March, while crossing over with his old beat covering sports business as the trendy asset class just hit a record-breaking $10 billion team sale.
Bruce speaks to Osaic CEO Jamie Price about the long-term outlook driving M&A activity and why financial advisors, it turns out, are the most important part of the equation.
Bruce sits down with InvestmentNews colleague James Burton to dig into the post-acquisition stories of anger, surprise, and recruitment pitches..
