Merrill Lynch financial advisors put off by non-compete language in the retention package they received last week—who must now decide whether to sign it—are getting assurances from Merrill that it’s ...

The fiduciary rule is dead, but its spirit lives on. The rule, which the Department of Labor first proposed in 2015, required brokers to act as fiduciaries — to put their clients' interests ahead of ...

John Thiel, who rose from the trenches at Merrill Lynch as a financial advisor in Tampa, Fla. to head the firm’s private banking group, will soon lead some 15,000 advisors in Merrill’s U.S. brokerage ...

Sanctuary Wealth has expanded its network of independent firms with the addition of Soteris Private Wealth, a newly formed advisory team managing approximately $800 million in client assets.

Regulators have barred a former Merrill Lynch advisor from the brokerage industry for a series of alleged violations, including adding his wife as a beneficiary to an elderly client’s accounts and ...

When regulators began looking into allegations that a former Merrill Lynch broker had engaged in unauthorized trading in clients’ accounts and other misconduct, the response was prompt and ...