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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> UK Reuters.com

Merrill to expand new-broker training in 2011

Posted by RJ and Makay on Nov 04, 2010

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Bank of America Merrill-Lynch-is-hiring-brokers-300x296Merrill Lynch expects to hire 1,600 broker-trainees this year and possibly more in 2011, according to an article recently posted UK.Reuters.com.

Lyle LaMothe, head of U.S. wealth management at Merrill Lynch, said Wednesday that the No. 2 U.S. brokerage has already added 1,500 trainees this year and plans to add another 100 before the end of 2010.