January 19, 2023
Mindy Diamond Quoted
by Victoria Zhuang
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.
Andy Sieg, the president of Merrill Lynch Wealth Management and a member of parent Bank of America‘s executive management team, spoke about his plans for the next 10 years and the unit’s talent and technology agenda in a wide-ranging podcast with Diamond Consultants, a wealth management recruiting firm.
Mindy Diamond, Diamond Consultants’ CEO and founder, hosted the exchange on a podcast that explores how financial advisors are moving into different ways of doing business.