BofA Surrenders Legal Documents about Merrill Deal
After months of fighting with regulators, Bank of America (BofA) is turning over documents about its purchase of Merrill Lynch, according to news reports.
Tag: Broker/Dealers
Jones Blair Group Reconnects with CAPTRUST
CAPTRUST Financial Advisors said that the principals of The Jones Blair Group of Wells Fargo Advisors will be joining the firm’s Charlotte, North Carolina, office.
J.P. Morgan Launches B/D Lock Solution for DR Activity
J.P. Morgan’s Depositary Receipts (DR) Group announced the launch of its Issuance & Cancellation (I&C) Lock, a solution allowing broker/dealer clients to purchase a contract that establishes a...
J.P. Morgan B/D Offers FundQuest Managed Account Platform
Financial advisers who custody with J.P. Morgan will now have access to a new managed account platform from FundQuest Incorporated.
Krawcheck Wants to Keep the Bull; Plans to Re-Launch Merrill Brand
Bank of America (BofA) said it is re-launching the Merrill Lynch brand with a new marketing campaign.
The Wiley Group is Now Independent RIA
The Wiley Group ended a long relationship with Morgan Stanley Smith Barney to form a fully independent registered investment adviser.
PANC 2009: UBS, MSSB Retirement Heads Make Case for Wirehouse
Wirehouses can bring scale and product innovation to the retirement plan adviser—and pay the electricity bill for you, noted Ed O’Connor, managing director at UBS Financial Services.
PANC 2009: Why Independence Fits the Retirement Plan Adviser
At the PLANADVISER National Conference, a panel of big names in the independent advisory space discussed why independence might be a good choice for retirement plan advisers.
BofA Brings in New Heads for Retirement, Wealth Management
Bank of America (BofA) brought in Andrew Sieg to head its retirement group and appointed Keith Banks and John Theil to lead Private Wealth Management.
PANC 2009: Finding the Right Business Model
It’s often said that freedom comes with a price, and for some financial advisers, the price is worth it.
SEC Plans Deeper Probe of BofA-Merrill Merger
Federal securities regulators said they will take the opportunity of pre-trial fact-finding in their existing case against the Bank of America (BofA) to see if any additional charges...
TD AMERITRADE Offers Tool for Advisers Considering Independence
TD AMERITRADE Institutional launched a transition tool for breakaway brokers.
Edward Jones Partners with John Hancock
John Hancock Retirement Plan Services has announced a distribution partnership with the financial services firm Edward Jones.
LPL Partners with Guardian for Retirement Plus Program
The Guardian Life Insurance Company of America said it was selected to provide retirement products through LPL Financial Corporation’s Retirement Plus Program.
Advisers Report Doing More for Less
Advisers, particularly in the wirehouse channel, have seen cutbacks in support and compensation in the last year, according to a report from the Financial Research Corporation (FRC).
It’s a No-Go for BofA Settlement with SEC
U.S. District Judge Jed Rakoff rejected a settlement between the Securities and Exchange Commission (SEC) and Bank of America (BofA) over bonuses paid by Merrill Lynch, the Associated...
M Financial Expands into Canada
M Financial Group today added Ontario, Canada-based Caledonia Planning Group to its network of member firms.
BofA Fires Back at Cuomo
Bank of America Corp. (BofA) said New York Attorney General Andrew Cuomo wrongfully claimed that the bank is blocking information, according to news reports.
NYAG Back to Hounding BofA
New York Attorney General Andrew Cuomo’s office is again requesting information from Bank of America (BofA) as part of an ongoing investigation into its January 1 acquisition of...