BofA considering subscription model for Merrill Edge
The offering would mirror a similar move by Charles Schwab to offering clients a new pricing plan for its robo service. ... Read full article
News Topic: Wirehouses
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Wells Fargo down 1,000 advisers over two years
A sullied reputation and frustrations with bureaucracy have driven some advisers to the competition. ... Read full article
Wealth management fares worst in broad study of sexual harassment
From inappropriate touching to belittling comments, women advisors confront workplace environments that are far from welcoming. ... Read full article
Proof Wall Street Is Still a Boys' Club
A new study finds that, when it comes to truly celebrating women, Wall Street still has a long way to go. ... Read full article
Merrill Lynch chief: Our FAs don't see robo advisers as competition
Andy Sieg says the firm's digital wealth and mobile app investments are "a key strategic story." ... Read full article