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

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

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

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 ...

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.