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Merrill Lynch's Six Top Market Leading Software Stocks to Buy in 2014
The year 2013 was a one of accelerating growth for most software companies, and the software analysts at Merrill Lynch expect 2014 to continue to show strong growth. However, unlike 2013, when performance was skewed towards cloud and big data 

Wealth Adviser: Merrill Lynch Focuses on Clients' Aging Issues
A morning briefing on coverage of special interest to wealth managers, financial planners and other advisers. Please send tips and comments to or By Kevin Noblet. Merrill Lynch wants its advisers diving 

Bank of America Merrill Lynch appoints first gerontologist
A 28-year wealth management and retirement industry veteran, Hutchins has spent the last 15 years with Merrill Lynch – seven as a financial advisor in the greater D.C. / Maryland area, and the last eight as a retirement specialist. Hutchins graduated

Bank of America Merrill Lynch Downgrades Fairchild Semiconductor
In a report published Friday, Bank of America Merrill Lynch analyst Aashish Rao downgraded Fairchild Semiconductor (NASDAQ: FCS) to Underperform from Neutral, with a $12.00 price target. According to the report, the analysts are cautious on FCS as 

Former Merrill Lynch Exec takes bailout money to buy palatial digs

Peter Kraus worked hard in the three months he spent at Merrill Lynch this fall — and the $25 million in bonus cash he earned for his troubles ...

Merrill Lynch's Client Transition Program is Under a Harsh Spotlight in Court

An age discrimination lawsuit filed by a 76-year-old former Merrill Lynch advisor sheds unfavorable light on the wirehouse’s client transition program.

The program, similar to ones started by rival wirehouses in recent years, aims at keeping clients’ assets with the firm instead of having advisors late in their careers seek independence or sell their books of business to outsiders.

The demographics of their workforces underscore why wirehouses would launch such programs. In the wirehouse channel, 40.7% of advisors plan to retire within the next ten years and that same group manages 39.7% of the channel’s client assets, according to researchers at Cerulli Associates .

But the details disclosed in the septuagenarian’s bias suit against Merrill Lynch highlights how wirehouses’ client transition programs have not always achieved happy endings. The programs have drawn criticism as the wirehouses attempt to strike a balance between two objectives -- stopping seasoned advisors from bolting before retirement and transitioning clients’ accounts to their younger advisors. The tension between those two goals has only increased at a time when some wirehouses -- notably, not Merrill Lynch, but UBS and Morgan Stanley -- announced they would no longer participate in the Protocol for Broker Recruiting .

The Buck stops here; Ex-Merrill advisor barred by SEC

A prominent former Merrill Lynch broker has been barred from the brokerage and investment advisory industries by the SEC. The advisor had already been banned by FINRA and pleaded guilty to a criminal charge.

Thomas Buck, 63, was at one time a top-ranked advisor with Merrill, managing $1.3 billion in client assets and a team of 13 people at its office in Carmel, Indiana. Buck spent 33 years with the firm before he was fired in 2015, after it came to light that he had been allegedly defrauding his clients .

In its most recent decision against Buck, handed down on February 9, 2018, the SEC barred him from association with any broker-dealer, investment advisor, municipal securities dealer, municipal advisor, transfer agent or nationally recognized statistical rating organization.

Additionally, he is banned from participating in any offering of a penny stock, including inducing or attempting to induce the purchase or sale of a penny stock.

Buck couldn’t be reached for comment and his lawyers also were not available for comment.