Sometime in the next couple of months, George Clarke, an African American advisor with Diversified Investment Group in Silver Spring, Md., plans to launch a new non-profit organization aimed at supporting financial advisors of color and creating...
BofA's Global Wealth and Investment Management, which includes Merrill Lynch, reported $506 million in net income for the quarter. Merrill Lynch contributed the bulk of revenues, with $3.5 billion, up from $3.1 billion a year ago.
Raymond James Financial’s (NYSE: RJF) Private Client Group led the firm’s growth in the second quarter, posting a record $275 billion in client assets under administration, up from assets of $242 billion a year ago and $262 billion in...
Merrill Lynch, Wells Fargo Advisors and Edward Jones plan to ramp up trainee recruiting in 2011, Registered Rep. has learned. It comes at a time when a number of currents in the business are converging to create what many predict will be a talent...
Raymond James & Associates pulled off the upset of the year, beating Edward Jones for the top slot in employee satisfaction. RJ&A answered the question, “How would you rate your overall experience at the firm?”with, on average a nine out...
Well, this is a first. Edward Jones, which has ranked in at number one for 17 consecutive years in the popularity contest that is Registered Rep.'s annual broker report card, actually saw its rating drop by nearly a full point in 2010, to 8.5 out...
Merrill Lynch released a new broker recruiting deal last month with two major changes. First, Merrill made it much harder for recruits to leave the firm: to receive all of their recruiting bonus money, new hires must now stick around for 14 years...
Our Broker Report Card Survey has turned 20 years old with the publication of the report online (RegisteredRep.com) on Dec. 1. Twenty years is a long time, which is why we still use the archaic name out of respect for tradition. The 887...
The major full-service brokerage houses are in various stages of recovery, whether from the financial crisis or merger integration. How are they doing? Check out our 20th Annual Broker Report Cards.
