Merrill Lynch and two Wells Fargo advisory firms have agreed to pay a combined $60 million in civil penalties to settle U.S.

Bank of America’s wealth management division, which includes Merrill Lynch and the company’s ... trillion in total client balances, including investments, deposits, and loans, up 12% from ...

Merrill Lynch and two Wells Fargo advisory firms have agreed to pay ... despite the fact that customers were paying advisory fees on the accounts for advisors to select products in their best interest ...

Two Wells Fargo-affiliated investment advisers and Merrill Lynch agreed to pay $60 million to settle charges with the Securities and Exchange Commission over what the regulator on Friday called a ...

For Merrill Lynch, the wealth management arm of Bank ... At the same time, loans to clients and sales of alternative investment products, which often carry greater risk and fees than stock and ...

Regulators took the wirehouses to task for not having policies directing advisors to consider clients' best interests.

Merrill Lynch, Pierce, Fenner & Smith Inc. says its ... The firm offers several types of investment plans, including managed strategies, custom managed strategies, personalized strategies and ...

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.