Stay updated with breaking news from Lydia diclemente. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Financial Advisor IQ - Content Page financialadvisoriq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialadvisoriq.com Daily Mail and Mail on Sunday newspapers.
Bank of America Corp's investment and wealth management arm Merrill named insider Greg McGauley as the head of private wealth management, international and institutional, Merrill said on Friday.... | May 19, 2023
BofA's Merrill names new leaders to head divisions kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.
Merrill Lynch updates advisor development program, names new head financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.
Merrill Lynch details adviser development program With a fresh take on adviser training, Merrill Lynch expects to increase diversity while graduating 1,000 new advisers per year. These advisers will be located in-office and report to their local market executives. May 24, 2021 3 MINS Merrill Lynch unveiled fresh details Monday around its modernized adviser development program, or ADP as the wirehouse is calling it, after a year of teasing that it is overhauling training practices for new financial advisers. The new program, which is led by Lydia DiClemente, managing director at Bank of America Merrill Lynch, not only cuts out the practice of cold-calling, but is designed to be a full-fledged talent management strategy that will integrate career paths and training for multiple roles within the company, said Andy Sieg, president of Merrill Lynch Wealth Management.
Brian Ach/AP Images for Bank of America Merrill Lynch This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Merrill Lynch Wealth Management is overhauling its storied financial-advisor training program. The firm said it would ban cold calling, shorten the program, and aim for high graduation rates. Merrill paused trainees' cold calls last year after a spate of outreach-related violations. Bank of America's wealth-management business is overhauling its sprawling training program for financial advisors, including instating a cold-calling ban. This ends nearly a year of uncertainty for about 3,000 trainees who were told last summer that a pause on cold-contacting prospective clients would be temporary.