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

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

The yield differential between the firms' bank deposit sweep programs and other alternatives was nearly 4% higher, according to SEC claims.

In the case of Morgan Stanley, the wirehouse wants its financial advisors to increase their banking relationships with ...

The Ultra-High-Net-Worth Advisory Group, which debuted earlier this month, comprises more than 25 Merrill specialists who ...

An ex-Merrill Lynch banker turned in-house deals expert lost a ruling over whether a raid of his home in the Paris suburb of ...

Regulators took the wirehouses to task for not having policies directing advisors to consider clients' best interests.

The U.S. Securities and Exchange Commission (SEC) on Friday said a pair of Wells Fargo Advisory firms and Merrill Lynch have ...

Two Wells Fargo-affiliated investment advisers and Merrill Lynch agreed to pay $60 million, while LPL Financial agreed to pay ...

On Wednesday, the firm announced financial advisors Larry Forlenza and Carl Hanks, who previously oversaw nearly $430 million ...