Merrill COO Hill to leave firm, following Sieg's departure
Merrill Lynch chief operating officer Kirstin Hill is leaving the firm, the company disclosed Friday in a memo to staff.
Source: investmentnews.com
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Wealthy Millennials Don't Really Trust The Stock Market Anymore
A new survey revealed young, rich professionals favor cryptocurrency, real estate, and private equity over investments in capital markets.
Source: essence.com
BofA: rich millennials have lost confidence in stock market
The young and wealthy instead see more potential in assets like cryptocurrency, real estate and private equity, a study says.
Source: financial-planning.com
Rich Millennials Have Lost Confidence in Stock Market, BofA Says
Individuals ages 21 to 42 with at least $3 million in assets have only a quarter of their portfolio in equities.
Source: wealthmanagement.com
BofA revamps wealth management product teams under Sieg and Knox
Bank of America revamped leadership across its wealth management business, placing more responsibilities on current heads Andy Sieg and Katy Knox.
Source: financial-planning.com