The new way of presenting fund information has been available to Merrill Lynch Wealth Management advisors for some time, demonstrating how BofA’s offerings in wealth are converging, regardless of where the client sits.
After selling LearnVest to Northwestern Mutual in 2015 and then working as the firm’s first innovation officer, von Tobel is leaving the insurance company to start a new venture.
The head of Merrill Lynch now reports directly to Bank of America’s CEO, and thinks future clients will prefer a one-stop-shop for all their financial service needs.