On a Brazilian beach, a Merrill Lynch private banker is caught on a video in flagrante delicto with an MTV personality and former girlfriend of soccer great Ronaldo. Do you think this will help the Merrill’s broker business or hurt it...

The after-effects of Warren Buffett's $31 billion gift to the Gates Foundation -- like any other seismic shift -- continue to circle outward.

Less than 10 years after they settled the infamous “boom-boom room” case, Smith Barney is being sued for discrimination again.

What questions do you dread when you are exploring a client’s financial needs? The Dow Jones Wealth Management Advisory Council—which is made up of eight wealth managers and one industry consultant—recently unveiled what it...

You don't need to be an advanced PowerPoint user capable of injecting all the bells and whistles into a slide show to quickly create a useful presentation. When you need to accomplish succinct and effective communication with a client, colleagues...

News of colossal losses at one of the largest hedge funds in the U.S., Amaranth Advisors, throws yet another cloud over the alternative investments.

Stanley O’Neal, chairman and CEO of Merrill Lynch, will be deposed on Nov. 1 in New York as part of the discovery phase in a race-discrimination suit filed by one of the firm’s black brokers.

MFS Investment Management, long rumored to be on the auction block due to lagging profit margins, middling performance and increasing regulatory demands, could be mere days away from a blockbuster merger with another large asset-management firm...

The NASD has fined Securities America $2.5 million for failing to supervise an advisor who allegedly lured clients into early retirement with exaggerated promises of high returns...

Merrill Lynch launched on Wednesday a new “wealth management center” in New York, as part of a larger effort to capture market share in the ultra high-net-worth advice business. The move is consistent with what is happening across the retail...