RJ and Makay

http://www.rjandmakay.com/components/com_gk2_photoslide/images/thumbm/537321header_1.jpg http://www.rjandmakay.com/components/com_gk2_photoslide/images/thumbm/963038header_2.jpg http://www.rjandmakay.com/components/com_gk2_photoslide/images/thumbm/981787header_3.jpg http://www.rjandmakay.com/components/com_gk2_photoslide/images/thumbm/923473header_4.jpg

RJ & Makay Say
Most Read

RJ & Makay

Our view of news, events and human capital trends in the financial services industry.

Thundering herd

Bank of America chooses John Thiel to head up Merrill Lynch brokerage operation

Posted by RJ and Makay on Apr 29, 2011

>> Read More RJ & Makay Blog Posts

John Thiel has been chosen to lead Bank of America’s Merrill Lynch brokerage operation. BofA wealth management division president Sallie Krawcheck picked Thiel to replace former Merrill executive Lyle LaMothe, who announced March 4 that he is retiring to pursue personal interests.

Merrill brokers pressured to also be bank tellers

Posted by Darin Manis on Nov 18, 2009

>> Read More RJ & Makay Blog Posts

About a week ago I read an article in the New York Post entitled “Merrill Flinch: Retail banking push meets broker resistance.” I’ve read similar articles in Registered Rep and so on. Anyone could have (and many did) predict that this and more would happen. This is one of many instances where completely opposite and conflicting corporate cultures are going to clash.

The Merrill Lynch Thundering Herd Charging for the Exits

Posted by Darin Manis on Oct 26, 2008

>> Read More RJ & Makay Blog Posts

Merrill Lynch advisors received their long awaited retention package from new owner Bank of America. The reaction is mixed. Advisors doing over $1.75 million in individual production is where Merrill/BofA drew the line for their best deal. Advisors doing under that didn’t fare as well. RJ & Makay recruiters worked through the weekend to handle the volume.