Merrill Lynch Reconsiders Commissions for Retirement Accounts in Wake of Fiduciary Rule Defeat
Louis Diamond Quoted – By Michael Thrasher, WealthManagement.com – In wake of U.S. courts axing the Department of Labor’s retirement savings rule, Merrill Lynch told its field of more than 14,000 financial advisors on Friday that the brokerage is reevaluating its policies and procedures, especially those related to retirement accounts.
