Tag: Broker/Dealers

Sallie Krawcheck, head of the global wealth and investment management division at Bank of America (BofA), said reports of brokers leaving in droves are greatly exaggerated, Reuters reported.

Bank of America (BofA) said its latest Merrill Lynch survey of affluent Americans found that almost a third (29%) of non-retired respondents plan to retire later than originally...

The Securities and Exchange Commission (SEC) didn’t waste a breath in filing additional charges against Bank of America (BofA).

A federal judge ruled the U.S. Securities and Exchange Commission (SEC) cannot add new claims to the current case related to Bank of America Corp.’s takeover of Merrill...

FINRA, SEC not yet clear about social networking

Transamerica Retirement Services announced the hiring of Denise Diana as vice president of business development.

Dimensional Fund Advisors said it has hired John Blood, formerly with Commonwealth Financial, to lead a new initiative to develop relationships within the broker/dealer community.

A federal appeals court overturned a ruling against a bank and a broker accused of helping to keep a Ponzi scheme alive.

National Planning Holdings, Inc. (NPH), said it has promoted Brian Sward to vice president of due diligence.

Capital Guardian, LLC, added The Locke-Cassells Group to its Charlotte, North Carolina, office, the company said.

The self-proclaimed “Sam Spade of Money Management” is taking a former client to court.

Bank of America Merrill Lynch is rolling out internal designation programs for financial advisers specializing in the sales and servicing of corporate defined contribution plans.

Brian Moynihan will take over as Bank of America’s (BofA) CEO and president following the retirement of Kenneth Lewis on December 31, the company announced.

In its annual investment outlook, BofA Merrill Lynch Global Research projected above-consensus GDP growth and a bullish outlook for equities.

The U.S. Securities and Exchange Commission (SEC) said today it is investigating Bank of America Corp.’s (BofA) failure to disclose Merrill Lynch’s losses to shareholders voting on Merrill’s...

U.S. House lawmakers today approved an extensive financial reform measure—but the provision to give the Financial Industry Regulatory Authority (FINRA) more purview over advisers didn’t go through.

Bruce Harrington, LPL Financial's SVP of retirement solutions, has left the broker/dealer.

Strategic Insight, an Asset International company, and Coates Analytics, are collaborating on a series of quarterly reports to help investment management firms navigate the broker/dealer...

Andy Sieg, head of Retirement & Philanthropic Services (RPS) at Bank of America Merrill Lynch, has made retirement leadership changes, including two promotions and one outside hire.