by Patrick M. Kelly | May 30, 2019 | Hiring, Merril Lynch, Training Programs
As of this year, Merrill Lynch has over 14,000 Financial Advisors and $2.3 trillion in Client Balances. According to Investors Business Daily, the wirehouse isn’t only trying to lure top performing and experienced financial advisors. Merrill Lynch is continuing...
by Patrick M. Kelly | Dec 16, 2013 | Compensation, Merril Lynch
Bank of America Merrill Lynch is planning to reward brokers who team up to help clients with financial planning. As part of the Merrill’s 2014 compensation plan, which was rolled out to some 14,000 advisors last week, the firm is adding a Merrill Lynch Client...
by Patrick M. Kelly | Jan 18, 2012 | Compensation, Financial Recruiters
Bank of America has seen six consecutive quarters of growth in its workforce of financial advisors which now number about 15,500. As a counter to the rumor that more Merrill brokers will be leaving due to competing firms offering them large incentives and the former...
by Patrick M. Kelly | Jun 7, 2010 | Financial Services Industry
So, will it take away business from Merrill advisors? “Merrill Edge” is Bank of America’s version of free online trading. I read with interest and an open mind, RegisteredRep.com’s June 1, 2010 article by John Byrme, “Bank of America Ramps up Online Brokerage.” This...