Merrill Lynch Wealth Management revenue hits record $4.6 billion in 2022 Q1 despite market turmoil
Earnings for Merrill Lynch Wealth Management and Private Bank jumped 28% in the quarter.
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Earnings for Merrill Lynch Wealth Management and Private Bank jumped 28% in the quarter.
The wirehouse wealth head told SIFMA conference attendees to simplify clients’ lives, keep them on track and watch their backs; advisors say the pandemic and world events have brought a changed culture.
Merrill is boosting hiring of advisers, targeting more young advisers with limited experience and veteran advisers outside major markets.
Craig Young discusses the “unsung heroes” who have inspired his path from poverty in his youth to a major executive role with the wirehouse.
Bank of America revamped leadership across its wealth management business, placing more responsibilities on current heads Andy Sieg and Katy Knox.