Bank of America Merrill Lynch
Advisory teams' evolving compensation structuresPosted by RJ and Makay on Mar 02, 2012 |
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On Wall Street magazine has compiled the compensation plans of the large wirehouses and regional firms to see what’s in store for advisors at those firms. Annual production rankings measured firms at various levels of production from $200,000 to $1 million. The 2012 compensation story is more than the rankings or the team-based awards.
Changing retirement horizon for baby boomersPosted by RJ and Makay on Feb 22, 2012 |
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As baby boomers approach retirement, the tradition of retiring at age 65 is changing, according to a Merrill Lynch Affluent Insights Survey released today. New retirees will also be dealing with more complex investment and health care considerations. The survey, conducted by Braun Research, polled 1,000 U.S. residents age 18 and older with more than $250,000 in investable assets.
Bank stocks off to hot start this yearPosted by RJ and Makay on Feb 22, 2012 |
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Financial stocks are off to a hot start this year. The easing of the European debt crisis, improvement in the U.S. economy and the recent $25 billion settlement by large U. S. mortgage lenders has had a bullish effect on asset managers. During the seven-week period ended February 15, fund managers purchased about $3.2 billion net shares in banks, according to fund tracker EPFR Global.
Epicurus (Greek philosopher, BC 341-270)
