Merrill Edge is a serious challenge to the online brokerage powerhouses such as Charles Schwab and Fidelity Investments, as well as to independent and regional broker dealers, according to a new report from Aite Group. The report also suggests...
Five months after Bank of America sold it off to private equity firms, First Republic Bank announced today that it plans to go public. The firm plans to raise $285.1 million, and will sell 11 million shares of common stock at an estimated price...
RIAs have been busy getting hitched in 2010. The number of mergers and acquisitions completed in the registered investment advisor business through the third quarter of this year is near full-year totals for 2009, according to data from Schwab...
