The move would reflect the bank's effort to cut $4 billion in costs.
In addition to the practice of 'masking' trades, the wirehouse went to extremes to cover up the wrongdoing.
The wirehouse's chief digital officer discusses the company's push to use technology to engage in more holistic planning.
The wirehouse's wealth management group announces a fresh look at the ban now that the DOL rule is on the brink of death.
Merrill Lynch has seen two teams exit recently, each with more than $4 billion in client assets.
Observers say there's fear of potential lawsuits that quash contact with clients when a broker or adviser seeks a new employer.
Co-head of wealth management Andy Saperstein pointed to a new financial planning program as a way for brokers to capture a bigger share of clients' assets.
As a wave of mergers hits the asset management industry, some analysts question whether the firm should make an acquisition
Wirehouse creates two new training programs and brings in a firm to help it find ethnically diverse candidates.
The 2016 banking scandal and public relations fiasco had alienated some of the firm's advisers.
Former broker in San Francisco claims firm did not reimburse reps for expenses.
Now-RIA Joshua Crossman admitted he fibbed to use up Merrill Lynch expense allowance.
The new technology could threaten smaller advisory firms, according to research from Lex Sokolin.
A perennial member of Barron's list of top financial advisers, his team managed nearly $3 billion in client assets
We sifted through the nearly 1,000-page proposal and picked out some of the most important points.
Sanford C. Bernstein & Co. analyst Christian Bolu, concerned over stalled adviser growth and what it means for lending and deposit growth, believes the stock will "under perform."
In the latest quarter, the broker-dealer suffered a net loss of 145 brokers.
The firm is working on reducing the number of funds on its platform further and will be converting some funds investors hold from C shares into A shares.
Firm looked the other way over Douglas Greenberg's legal run-ins, according to New York Times
Online brokerage platform also plans to open 600 new investment centers by 2020.
