WealthManagement.com

Merrill on Managed Accounts: Still Growing, Redemptions Low

Merrill Lynch reported this morning that its individually managed account business survived the events of Sept. 11 well, without lots of clients bailing out. Redemption rates were about three-quarters ...
Financial Advisor

Claim Says Merrill Overloaded Account With Preferreds

A couple has filed a claim against Merrill Lynch seeking $5 million in damages because they say their accounts were overloaded with preferred stock. Klayman & Toskes, a law firm based in Boca Raton, ...
Financial Planning

Merrill Lynch introduces fully digital account opening

The latest step in Bank of America Merrill’s ongoing overhaul of its advisors’ technology is to digitize the account opening process. With its new collaborative onboarding experience, or COBE, Merrill ...
InvestmentNews

Merrill Lynch advisers can now send video account summaries

Imagine clients logging into their investment accounts and a three-minute interactive video detailing their entire financial life awaits them. On Monday, Merrill Lynch made that possible with its new ...
InvestmentNews

Merrill again faces client complaint over yields on cash

With interest rates having risen for almost two years and firms facing scrutiny on cash sweep accounts, a client of Merrill Edge, the online brokerage and advisory arm of Merrill Lynch, this week sued ...
Nasdaq

ATTENTION UPS EMPLOYEES WITH MERRILL LYNCH ACCOUNTS: KlaymanToskes Continues to Investigate Claims for UPS Employees with Losses from Unsuitable Covered Call Writing Strategies

NEW YORK--(BUSINESS WIRE)-- KlaymanToskes (“KT”) continues to investigate and pursue FINRA arbitration claims against Merrill Lynch on behalf of UPS (NYSE: UPS) current and former employees for losses ...