Bank of America’s full-service wealth management division says its advisors counseled clients to stay the course throughout a ...

Meanwhile, Merrill Lynch intends to continue building its alternative investment platform for wealthy clients.

A Finra arbitration panel found that two clients were misled about the performance of private-equity investments.

Former advisor Isaiah Williams allegedly used the stolen funds from ex-Dolphins defensive safety Reshad Jones for numerous ...

Merrill Lynch will have to shell out nearly $3.7 million in damages and other costs after arbitrators sided against the wealth management firm following a private equity complaint.

A financial advisor from Bank of America's wealth management division is reportedly banned from the industry amid allegations ...

A Finra arbitration panel has ordered Merrill Lynch to fork over some $3.6 million in damages to two of its retail clients who said their investments in alternative feeder funds underperformed ...