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Merrill Lynch hammers nail in coffin for investment commissions

Conflict-of-interest rule is pushing investors toward fee-based accounts.        
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Merrill Lynch Will Fire Aging Advisors Who Don't Bring In More Than $250,000 Per Year (BAC, UBS)

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Beginning at the end of next year, Merrill Lynch advisors with ten or more years experience, who fail to produce at least $250,000 in annual client commissions and fees, will be demoted, Financial Advisor reported. Those who don't m...

Exclusive: Merrill brokers win a battle to lower client fees on advisory accounts

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By Jed Horowitz and Elizabeth Dilts NEW YORK (Reuters) - Merrill Lynch this week surrendered to pressure from its retail brokers to allow them to cut account fees for wealthy clients, retreating from a two-year effort to force incre...

Bank of America: Investors are getting worried that a bond market crash is coming (TLT, TLO)

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There's been a change at the top of Bank of America Merrill Lynch's investment banking unit

Business & Finance : Business Insider: Clusterstock

LONDON, Oct 19 (Reuters) - Diego De Giorgi has become sole head of global investment bank ing at Bank of America Merrill Lynch as his previous co-head Karim Assef takes on a chairman role, according to a memo seen by Reuters on Wedn...

Could The DOL’s New Fiduciary Duty Rule For Retirement Accounts Boomerang On Investors?

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When the Department of Labor passed its Fiduciary Duty Rule earlier this year, the goal was for brokerage firms, such as Merrill Lynch and UBS, to put the client’s interests first when brokers were advising clients’ retirement accou...


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