Merrill Lynch

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  1. Articles

    $2.5 billion adviser duo fired by Merrill Lynch lands at Stifel

    A team of elite advisers who was fired last month by Bank of America Merrill Lynch over private securities transactions has found a new home. (Plus: The team plans to fight back.)

  2. Articles

    Morgan hires longtime Merrill broker

    Thomas Forma previously managed more than $300 million along with his partner Kevin Nichols.

  1. Articles

    Merrill snags $500 million team from UBS

    Trio brought in $5 million in annual revenue at UBS and will join Merrill's elite private banking group. See also: Merrill loses longtime broker to Morgan Stanley)

  2. Articles

    Wealth management a growing force in bank fortunes

    Third-quarter earnings reports show that once again, wirehouses are driving revenue at the giant banks that own them.

  3. Articles

    Merrill stabilizes head count, boosts productivity

    The firm's thundering herd climbed back to 14,000 in the third quarter after several quarters of steady declines.

  4. Articles

    Two high-profile adviser terminations take center stage

    This week's must-read stories for advisers include employment drama at LPL and Merrill, Bill Gross speaking out, and a renewed push for more women in advice.

  5. Articles

    Terminated $2.5 billion Merrill Lynch team plans to fight back

    An elite private banking duo plans to take legal action accusing the wirehouse of wrongful termination last month, their attorney says.

  6. Articles

    Merrill asks $2.5 billion team to leave

    The advisers allegedly violated Finra rules and firm policy by encouraging some of their larger clients to invest directly in hedge funds.

  7. Articles

    Merrill posts record revenue on fee growth

    Asset management fees were up almost 17% year-over-year; total client balances hit $2 trillion.

  8. Articles

    Indie reps happier at work than employee advisers: J.D. Power

    Independent advisers continue to be happier at work than their colleagues who are employees of broker-dealers but the gap in job satisfaction among the two groups is narrowing. See how your firm ranks

  9. Articles

    Wirehouses warm to bank channel recruits

    Wirehouses are now focusing on a new market segment in their talent searches: bank channel recruits. Why the change in sentiment for advisers once considered too risky?

  10. Articles

    Merrill Lynch dodges high-profile gender bias suit

    N.Y. Supreme Court justice dismisses a complaint from three former trainees who claimed they were given a book called “Seducing the Boys' Club” and ultimately fired out of bias.

  11. Articles

    Consumers left in the loan lurch as big banks still hold off

    Friday's menu: Consumers still left in the loan lurch. Plus: Which manager just jumped into the liquid alts pool? Some stocks for a rising-rate cycle; commodities are hot again; European banks ride the wave; and Merrill trims its housing outlook.

  12. Articles

    Wirehouses sweeten succession deals for retiring advisers

    Wirehouse firms are revamping their succession programs with higher payouts and lower barriers to entry for advisers who are preparing to retire. The efforts are aimed at competing with independent firms that hold a reputation for the highest payouts.

  13. Articles

    Merrill Lynch nabs $400M team from Morgan Stanley

    Bank of America Merrill Lynch has snapped up a former Morgan Stanley duo who oversaw some $400 million in assets. The two advisers, Michael Bromberg and Daniel Gerschel, have joined Merrill Lynch's New York office. They previously produced about $1 million in revenue while at Morgan Stanley,