BROKERAGES: Top Stories 12/2/09
Broker Report Cards 2009: Wells Fargo Advisors (Registered Rep)

Questions surround the status of BofA bank brokers (Investment News.com) Do they now work for Merrill Lynch? And if so, can they take their customers with them if they leave?

This year's Registered Rep. Broker Report Cards show just how optimistic financial advisors can be. (Investment News.com)

Broker/Dealer News: Raymond James Financial Services’ Investment Advisors Division (RJFS-IAD) says it is raising the minimum level of assets under management for new RIA affiliations from $30 million to $50 million as of the start of its 2010 fiscal year, which began October 1. (Investment News.com)

ING Sells Three B/Ds (Investment Advisor) - ING agreed to sell three of its U.S. broker/dealers that comprise the ING Advisors Network to Lightyear Capital LLC.

Retirement Planning: Income Plans, Merrill Style (Investment Advisor) - Service links BofA deposit accounts with Merrill Lynch cash management accounts

UBS Wealth Management Sets Up Advisory Council Of 14 Brokers (Wealth Bulletin)

 
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