Mark Elzweig

• 

  BofA-Merrill New Comp Plan: Good News, Bad News for Advisors

  By Janet Levaux, AdvisorOne  |  December 17, 2012

  “There is a revision to the bonus plan that could make it actually harder to earn the initial amounts,” said a compensation consultant.

• 

  The Bonus Debate

  By Bob Clark, AdvisorOne  |  October 31, 2012

  Much as I believe that investors everywhere would benefit from a level playing field between RIAs and brokers, the disclosure of recruiting bonuses would be over the top.

• 

  Should Brokers Be Forced to Disclose Their Bonuses to Clients?

  By Gil Weinreich, AdvisorOne  |  October 30, 2012

  SEC Chairwoman Mary Schapiro in 2009 wrote a letter to broker-dealer CEOs warning them about recruiting brokers with high upfront bonuses.

• BofA to Pay $2.4B

  By Janet Levaux, AdvisorOne  |  October 24, 2012

  Bank of America reached a settlement to end a class-action lawsuit with investors and will pay $2.43 billion, while also making certain corporate-governance reforms, the firm said in late September.

• 

  BofA Settles Merrill Purchase Suit for $2.43 Billion

  By Janet Levaux, AdvisorOne  |  September 28, 2012

  The deal resolves a long-standing dispute, but should not have much impact on the firm's advisors, experts say.

• 

  MSSB Loses $600 Million Lerner Group to HighTower

  By Joyce Hanson, AdvisorOne  |  July 16, 2012

  This is the seventh new advisor team in 2012 to join the Chicago-based financial services firm run by CEO Elliot Weissbluth.

• 

  Merrill’s Latest Ads: The Bull Is Back

  By Janet Levaux, AdvisorOne  |  June 15, 2012

  Bank of America-Merrill Lynch aims to boost its image as a source of strength during unstable times.

• Broker Exits Spur Recruiting Shift

  By Janet Levaux, AdvisorOne  |  April 25, 2012

  The movement of financial advisors out of the wirehouses has continued in early 2012, experts say, and should put Merrill Lynch and Morgan Stanley on notice.

• 

  BofA to Sell Merrill’s Foreign Wealth Units, Report Says

  By Janet Levaux, AdvisorOne  |  April 18, 2012

  BofA is trying to raise $3 billion through the overseas sale, according to Reuters, but that could lead to some flight among U.S. advisors.

• 

  Wells Fargo’s Burgeoning FiNet ‘Well Positioned’ to Draw Breakaways

  By Janet Levaux, AdvisorOne  |  April 17, 2012

  "Providing quality advisors with the choice and flexibility they want and need to be as successful as possible is central to our mission," Wells Fargo Advisors Financial Network President John Peluso said.