The new group will help advisors build tailored portfolios for clients with custom asset allocation and multi-asset strategies.

Executives say the Bank of America subsidiary likely benefited from clients in 2023 seeking a safe harbor from teetering ...

Bank of America’s brokerage unit reported strong growth, as did the company’s private bank, as executives are emphasizing ...

Bank of America and Merrill last reported a headcount in January, when all of their wealth management units, including the private bank, had nearly 18,920 advisors on the payroll. Phil Waxelbaum ...

Merrill clients and advisors expanded on their continued interest in alternative investments while Morgan Stanley’s net ...

Merrill Wealth Management announced the launch of its ... Bank of America’s custom lending, Bank of America Private Bank’s trust & estate services, philanthropy, art services, family office ...

BofA announced it hired Ed Riley and Jessica Mullin several days after unveiling its new advisory group for ultra-high-net-worth clients based out of its Merrill Wealth division.

includes Merrill Lynch Wealth Management and Merrill Private Wealth Management and is a leading provider of comprehensive wealth management and investment services. Merrill specializes in goals ...

Bank of America’s wealth management division, which includes Merrill Lynch and the company’s private bank, saw core financial metrics rise in 2024, including net income of $4.3 billion ...