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Merrill Lynch

5/6/13 12:30 pm EDT

Merrill Lynch Wealth Management today announced that Ashvin Chhabra is joining the firm as chief investment officer, head of Investment Management and Guidance (IMG). In his role, Chhabra will oversee the delivery of investment advice and strategy to Financial Advisors and their clients. He will also lead the IMG manager due diligence, investment analytics, and investment guidance teams, as well as the Ultra High Net Worth (UHNW) Investment more...

5/6/13 9:00 am EDT

When it comes to financial goals, achieving peace of mind is seven times more important than accumulating wealth (88 percent and 12 percent, respectively) to adults age 45 and older, according to a new Merrill Lynch study, conducted in partnership with Age Wave. The study found that retirement has been redefined – with people expecting to live and often work longer than any preceding generation, and taking different approaches to preparing for more...

4/29/13 11:00 am EDT

Merrill Lynch Wealth Management was named Advisory Solutions Firm of the Year at the 2013 Money Management Institute (MMI) Industry Leadership Awards. The award, which was announced during MMI’s annual convention in New York on April 23, 2013, recognized Merrill Lynch Wealth Management as the firm that best exemplified overall excellence, as well as being the most significant contributor to the long-term success and sustainability of the more...

4/16/13 8:30 am EDT

Global investors are moderating their earlier exuberance in the face of somewhat lower conviction over global growth, though they remain positive towards equity markets overall, according to the BofA Merrill Lynch Fund Manager Survey for April.

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4/2/13 9:30 am EDT

Young investors in their 20s and 30s today are not rebelling against traditional investment approaches advocated by their parents. The vast majority are not turning to friends and peers in their social networks for investment guidance. Contrary to these and other stereotypes about millennials, differences between investors in this generation and their parents’ generation are more subtle, according to a new survey by the Merrill Lynch Private more...

3/19/13 9:30 am EDT

Increasing confidence in the outlook for the U.S. dollar and U.S. equities is offsetting investors’ renewed concerns over China, according to the BofA Merrill Lynch Fund Manager Survey for March.

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3/7/13 9:00 am EST

Since 2009, employees have been taking increasingly positive actions in their 401(k) plans, widening the gap between those taking negative actions, according to a new report released today by Bank of America Merrill Lynch. The latest 401(k) Wellness Scorecard, which reveals quarter-over-quarter and year-over-year trends in plan participant behaviors, along with employers’ adoption of 401(k) design features in plans serviced by Bank of more...

2/14/13 9:00 am EST

Bank of America today introduced Merrill Edge® Roadmap™1, a new way to help mass affluent clients pursue their financial goals through personalized advice and guidance from a licensed Merrill Edge Financial Solutions Advisor™. Merrill Edge Roadmap provides a simple way for clients to understand their current financial situation, document their financial goals, and create an action plan to help them pursue those goals. more...

2/12/13 8:30 am EST

Confidence in a strong global economic outlook has consolidated while investors have indicated that they see support from current equity valuations after the recent rally, according to the BofA Merrill Lynch Fund Manager Survey for February.

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2/4/13 9:00 am EST

Bank of America Merrill Lynch today unveiled Instinct Natural™, an enhancement to its alternative trading system (ATS) Instinct X, aimed at increasing opportunities to execute block trades while minimizing market impact.

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1/22/13 9:00 am EST

Bank of America today announced that Merrill Edge call centers have been recognized by J.D. Power and Associates for providing “An Outstanding Customer Service Experience” for the second year in a row.

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1/15/13 8:30 am EST

Global investors have entered 2013 in buoyant but not yet exuberant mood, according to the BofA Merrill Lynch Fund Manager Survey for January. The new year sees asset allocators assigning more funds to equities than at any time since February 2011, while their confidence in the world’s economic outlook has reached its most positive level since April 2010.

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