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 ...

The former Dolphin’s ex-financial advisor was arrested in Florida on June 25 on an out-of-county warrant for his alleged role ...

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

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 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 ...

Bank of America Corp. signage is displayed at a branch in New York, U.S., on Tuesday, Sept. 3, 2013. Bank of America Corp. rose in New York trading after setting a $1.5 billion goal for its sale ...

Two Black financial advisors who accused Merrill Lynch of discrimination dropped their case against the Wall Street giant, a sign that the lawsuit may have been resolved in a confidential settlement.