A good estate plan has at least three elements – a will, a power of attorney and an advance healthcare directive – and each ...

Jan 17 (Reuters) - Merrill Lynch and two Wells Fargo advisory firms have agreed to pay a combined $60 million in civil penalties to settle U.S. Securities and Exchange Commission charges over ...

Wells Fargo and Merrill Lynch agreed Friday to pay $60 million ... Chief Financial Officer Mike Santomassimo said the firm was planning to raise the sweeps rates paid on certain advisory accounts ...

Bank of America’s wealth management division, which includes Merrill Lynch and the company’s private bank, saw core financial metrics rise in 2024, including net income of $4.3 billion ...

The Securities and Exchange Commission has charged two registered investment advisor units of Wells Fargo and Merrill Lynch with compliance failures relating to their cash sweep programs.

Merrill and Bank of America Private Bank saw ... experts on everything from tailored-made portfolios to trust and estate planning to tax management and philanthropic giving. She said advisors ...

BEST PRACTICES A former Merrill Lynch financial advisor team that oversaw $700 million left the company to join Morgan Stanley The Zelin Group joined Morgan Stanley in New York on Jan. 24. The team ...

Advisory clients’ uninvested dollars were automatically swept into bank accounts that paid paltry interest, but were profitable for the companies, the SEC said. Merrill Lynch and two units of ...

Wells Fargo and Merrill Lynch will pay $35 million and $25 million, respectively, to settle allegations by the Securities and Exchange Commission (SEC) that their handling of investment accounts’ cash ...

It’s time to do some estate planning research together. A great place to start is the American College of Trust and Estate Counsel (ACTEC), which is an “organization of trust and estate ...