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 Wealth Management forms advisory group to serve UHNW clients" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site ...

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

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 ...