Restructuring, if it happens, won't likely affect Merrill's advisers.
BofA Merrill Lynch continues to see its adviser ranks shrink, but average productivity is growing, topping $1 million for the first time thanks to strong markets.
New hires to target largest wirehouse teams looking to go independent.
A Federal judge has put a sizable dent in Wells Fargo's plan to KO a class-action lawsuit filed by MedCap investors.
Higher managed account fees on higher average invested assets boost numbers.
UBS vaults past BofA in global AUM; Wells Fargo third on the list
Group from Connecticut has $3.7 million annual production.
Citi analyst upgrades Schwab to buy, boosts price targets for LPL, TD Ameritrade.
CEO said to summon managers for revenue push, cross selling progress.
Diamondback's Goldschmidt has open invite to intern at the firm; tremendous work ethic
Second quarter revenues, net income climb; adviser head count stabilizes.
Wells Fargo's advisory business enjoys record profits, despite revenue jumping by a mere 2%, thanks to cost cutting that led to doing more with less.
