'In 2023, a record number of existing Bank of America clients became Merrill clients,' says Eric Schimpf, president and co-head of Merrill Wealth Management. 'We can and will do more here.'
Despite tough conditions in the region, the wealth and asset manager sees potential.
A Wells Fargo client who was born in 1939 had his birthdate incorrectly recorded as 2001, according to a lawsuit.
James Gorman says regulator’s ideas were ‘extremely aggressive.’
Merrill has consistently been the brokerage firm paying the lowest rates on swept cash, according to a suit filed by Merrill Edge client.
The wirehouse is emphasizing better pay for advisors who sell alternative investments and offer loans to clients.
Launched over the summer, &Partners is replete with executives from Wells Fargo Advisors.
Katz moved beyond cold calls to cultivate relationships with influential figures like sports agents and estate attorneys, thus broadening his network significantly.
The second half of next year should provide better conditions after challenging first half.
Firm adds advisors in Florida, Missouri, and Mississippi.
What's not clear is how many FiNet advisors will feel the sting of the fee increase.
Pam Mitchell joins from UBS in Naples and Vijay Baxter from Morgan Stanley in Aventura.
The bank has been hobbled by the Fed order limiting its size for more than five years — longer than Scharf's tenure as CEO.
More than two decades old, the NFLPA's registered player financial advisor program for years was limited to individual financial advisors.
John Peluso retired in September as head of Wells Fargo’s clearing operations, and earlier presided over FiNet.
Jeffrey Olsen oversees nearly $200 million, operating as Olsen Wealth Management.
Two former employees engaged in more than 700 ‘spoofs’ over almost a decade, Finra charges.
Report focused on the last year highlights the impact of the Great Wealth Transfer.
Jim McHale is the new chief compliance officer at LPL Financial.
Colm Kelleher joins other executives and regulators warning of growing risks in the booming market.
