Merrill Lynch

A $400 million Merrill Lynch team, led by James Maher, left last week to form a new advisory firm, Archford Capital Strategies LLC. Based in Swansea, Ill., a suburb of St. Louis, the new firm also has an office in Creve Coeur, Mo. Joining Mr. Maher in the move were partners John Russo, chief

Lawsuit filed on behalf of a potential class of 12,000 client associates seeking compensation for unpaid overtime work between 2010 and 2012

Dispute stems from overtime payments between 2010 - 2012; deal must be reviewed by court

Meredith Whitney has once again come out with a bold market prediction. But this time, she's not alone in her thinking.

Wall Street wirehouses might have the most to lose from a broad consumer move to web-based investment management services.

Changes come as Treasuries and other investment-grade fixed-income instruments are yielding near-record lows

Bank of America Merrill Lynch's recent move to give its 17,500 registered representatives and investment advisers the ability to sell a nontraded real estate investment trust is a victory for the private-REIT industry, which has long desired to sell its products through national wirehouses.

Merrill Lynch's famed training program served as the proving ground for thousands of financial advisers both inside and outside the brokerage over the decades. The financial crisis temporarily took its toll on the effort, but the brokerage has since revamped its Practice Management Development

Rebecca Rothstein, one of the nation's most successful financial advisers, left Morgan Stanley Wealth Management on Oct. 19 to join archrival Merrill Lynch Wealth Management.

Rebecca Rothstein, legacy Smith Barney adviser, jumps ship; No.2 on Barron's list

Bank of America Merrill Lynch last Tuesday was ordered to pay a $1.3 million arbitration award to a couple whose broker sold them preferred shares of Fannie Mae stock, allegedly despite multiple warnings of its risk.