$3.1b to Sanctuary
Merrill Lynch advisors have been looking for a newly coined term; partnered independence and no one can offer it like Sanctuary. The $3b in ML AUM over the past…
Merrill Lynch Wealth Management is making it more lucrative for brokers to try and retain customer accounts when advisors in their office leave for the competition, a senior executive said…
In conversations with several sources ‘in the know,’ we’ve learned that Merrill Lynch is asking very select, large ‘elder’ producers to sign what sound, look, and smell like retention bonuses…
Big U.S. banks' wealth management businesses put in another stellar performance in the third quarter, buoyed by record levels of new money flowing into accounts and surging demand from clients…
We took a brief moment to discuss the single biggest mistake that large teams make (legally speaking) during a transition to a new firm. Without giving away the good stuff,…
Andy Seig has limited to zero credibility left with top tier Merrill advisors left at the firm. When he speaks, nobody listens. When he green lights a new initiative like…
It isn’t enough that Merrill Lynch is now just Merrill. It isn’t enough that more than half of your colleagues that you respect have left the firm. It isn’t enough…
We told you last week that firms were conducting different types of surveillance on their advisors. We also told you that BofA/Merrill was the worst offender. But it’s worse than…