Merrill Reinvents Training; Clearing Firms Get Social: April Research—Slideshow
The cover story of the April issue of Research takes an in-depth look at Merrill Lynch Wealth Management's revamped training program. A feature article examines the clearing industry's efforts to move beyond its traditional transaction focus.
Wirehouses, IBDs Post Final Recruiting Wins, Losses of 2012
Morgan Stanley, Merrill Lynch and other firms saw a number of advisors come and go at year end.
BofA-Merrill New Comp Plan: Good News, Bad News for Advisors
“There is a revision to the bonus plan that could make it actually harder to earn the initial amounts,” said a compensation consultant.
RIA Washington Wealth Adds Two Teams, Hits $1B in Recruited Assets
The independent hybrid RIA is led by ex-wirehouse reps and uses LPL Financial as a broker-dealer.
Morgan Stanley Nabs $5.5 Million Producers From Merrill, Barclays
The eight financial advisors also have nearly $780 million in combined client assets
Merrill Lynch Pushing More Online Content Via Flipboard
Bank of America wants its advisors to connect to clients and prospects on mobile devices as much as possible
Recruiting Roundup: Wells Adds 31 FAs With $3.5 Billion
LPL, Raymond James and Securities America also grab reps from rivals.
Barclays Recruits 18 Advisors; Morgan Stanley Adds 1; LPL Group Brings on Wells Team
The new Barclays advisors come from many wirehouse and other firms with close to $40 million in yearly fees and commissions, as well as about $9.4 billion in assets.
SIFMA Elects New Officers to Municipal Securities Division
Stratford Shields of Morgan Stanley & Co. will serve as division chair, and Frank Fairman of Piper Jaffray & Co. and David Stephens of Bank of America Merrill Lynch & Co. will serve as vice chairs.
Morgan Stanley Tops Earnings Estimates, Boosts Asset Flows
Its advisor count, though, drops by 5% from last year; average production is up but trails that of Merrill Lynch.