• Home: Leading Financial Advisor Recruiting Firm
  • About Us
    • Meet the Team
    • Testimonials
    • Case Studies
    • Representative Deals
  • Services
    • For Financial Advisors
    • For Independent Business Owners
  • FAQs
  • Articles
  • Podcast
    • Industry Update
    • Independence 101 Series
  • In the News
    • Moves in the News
  • Tools for Advisors
    • 2022 Advisor Transition Report
    • Merrill Information Hub
    • UBS Information Hub
  • Contact Us
  • Subscribe for Updates

Questions? Call us: 908-879-1002

Contact us...
Diamond Consultants: Financial Advisor Recruiting FirmDiamond Consultants: Financial Advisor Recruiting Firm
  • Home
  • About
    • Meet the Team
      • Mindy Diamond
      • Louis Diamond
      • Howard Diamond
      • Jason Diamond
      • Barbara Herman
      • Deborah Aronson
      • Wendy Leung
      • Cathy Nichols
      • Debbie Wallen
      • Allison Brunwasser
      • Joshua Tomolak
      • Shelley Muzio
      • Caryl Felicetta
      • Donna Riopel
      • Kelly Griffiths
    • Testimonials
    • Case Studies
    • Representative Deals
  • Services
    • For Financial Advisors
    • For Independent Business Owners
      • Sell-Side M&A Advisory
      • Consulting
  • FAQs
  • Articles
    • Subscribe for Updates
  • Podcast
    • Industry Update
    • Independence 101 Series
    • Subscribe for Updates
  • In the News
    • Moves in the News
  • Tools For Advisors
    • 2022 Advisor Transition Report
    • Merrill Information Hub
    • UBS Information Hub
    • Other Tools
    • Subscribe to e-Newsletter

merrillnews

Why Merrill, Bucking Trend, Won’t Offer Independent Model for Advisors

Why Merrill, Bucking Trend, Won’t Offer Independent Model for Advisors

Mindy Diamond Quoted – By Victoria Zhuang, Financial-Planning.com – Merrill Lynch will not offer a way for financial advisors to independently affiliate with the Wall Street giant, even as industry competitors open up that burgeoning business model, Merrill’s wealth management head said Thursday. 

Merrill Piles Products into Dual-Contract Program, Touts Customization

Merrill Piles Products into Dual-Contract Program, Touts Customization

Louis Diamond Quoted – By Glenn Koch, Financial Advisor IQ – Merrill Lynch has added a suite of pre-approved products to its dual-contract program that the wirehouse says will help advisors better cater to high-net-worth clients.

Nearly All Merrill Brokers Expected to Shift to Teams by 2030

Nearly All Merrill Brokers Expected to Shift to Teams by 2030

Jason Diamond Quoted – By Jeff Berman, ThinkAdvisor – Brokers at Merrill Lynch Wealth Management are increasingly shifting away from working on their own to becoming part of a team and just about all of them are expected to be part of a team eight years from now, according to Andy Sieg, president of the Merrill division.

$3.5-Mln Merrill Team Launches RIA, LPL Pulls from UBS, Morgan Stanley

$3.5-Mln Merrill Team Launches RIA, LPL Pulls from UBS, Morgan Stanley

By Jake Martin, AdvisorHub – Breakaway teams from Merrill Lynch, UBS Wealth Management USA and Morgan Stanley have flown their wirehouse coups in the past week for Dynasty Financial Partners and LPL Financial, according to announcements and registration records.

Ex-Merrill FA Fired After Smoothie Incident Now at Aegis Capital

Ex-Merrill FA Fired After Smoothie Incident Now at Aegis Capital

Louis Diamond Quoted – By Alex Padalka, FinancialAdvisor IQ – James Iannazzo, who last month was charged with criminal trespass and other counts, became registered with Aegis Capital on March 15.

Merrill’s New Training Program: Less Selling, More Coaching, Plenty of Skepticism

Merrill’s New Training Program: Less Selling, More Coaching, Plenty of Skepticism

Louis Diamond Quoted – By Jeff Berman, ThinkAdvisor – Once upon a time, the Merrill Lynch advisor training program was widely considered the “gold standard” of industry training programs. Industry recruiters interviewed by ThinkAdvisor this month were split on whether the wirehouse’s new, shorter training program will successfully meet that same standard and achieve the firm’s recently stated goal of having 1,000 trainees graduate each year once it’s reached scale.

Merrill’s Swift Firing of FA Over Tirade a Stark Reminder

Merrill’s Swift Firing of FA Over Tirade a Stark Reminder

By James Rogers, Financial Advisor IQ – The swift firing of a Merrill Lynch financial advisor over an alleged bias incident at a Connecticut smoothie store serves to remind other FAs that they work in a high-profile industry, and there are consequences to bringing bad publicity to their employer’s doorstep.

Merrill Tweaks Policy On Payout for Retained Client Accounts

Merrill Tweaks Policy On Payout for Retained Client Accounts

Mindy Diamond Quoted – By Patrick Donachie, WealthManagement.com – Merrill Lynch Wealth Management is amending its current policy governing how much payout advisors keep for retaining accounts previously under advisors who departed the firm for other companies or retired, according to a senior Merrill Lynch executive detailing changes to the company’s compensation structures in the coming year.

Merrill’s Sieg Nods to ‘Competitive’ Attrition Issue in Call with Brokers

Merrill’s Sieg Nods to ‘Competitive’ Attrition Issue in Call with Brokers

Louis Diamond Quoted – By Jake Martin and Mason Braswell, AdvisorHub – Merrill Lynch Wealth Management President Andy Sieg on Wednesday acknowledged an issue with broker attrition and sought to reassure the Thundering Herd that the wirehouse is focused on retention and making Merrill the firm “of choice.” 

Merrill’s New Training Program to Focus on Developing Bank Talent

Merrill’s New Training Program to Focus on Developing Bank Talent

Louis Diamond Quoted – By Diana Britton, WealthManagement.com – Merrill Lynch Wealth Management revealed details Monday about its new advisor development training program, with perhaps the biggest change being a ban on cold-calling that will apply to the entire Thundering Herd.

  • 1
  • 2

Subscribe for Updates

Get updated by email when a new article is added.


Listen. Here. Now

Recent News & Articles

  • Everything You Need to Know About Independence: An Industry Update
  • Realistic Measures: Identifying What’s Portable and What’s Not
  • Why Merrill, Bucking Trend, Won’t Offer Independent Model for Advisors
  • Andy Sieg: A Candid One-on-One With the Leader of the Merrill Thundering Herd
  • Why Wealth Management is Goldman Sachs’ New ‘Crown Jewel’ with Dealmaking at a Standstill
Schedule a Complimentary Consultation
We're available to answer your questions. Contact us

Connect with us

Search

© 2023 · Diamond Financial Consultants, LLC t/a Diamond Consultants. All rights reserved.*

  • Leading Financial Advisor Recruiting Firm:
  • About
  • Services
  • FAQs
  • Articles
  • Podcast
  • News/Media
  • Tools/Resources
  • Contact
  • Our Locations
  • Privacy Policy
  • Site Map