U.S. Trust

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  BofA to Slash 30,000 Jobs, $5 Billion a Year in Costs

  By Janet Levaux, AdvisorOne  |  September 12, 2011

  BofA's restructuring comes six days after Sallie Krawcheck was let go as head of wealth management, but company says it will continue to hire FAs.

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  Krawcheck Forced Out in BofA Restructuring

  By Janet Levaux, AdvisorOne  |  September 7, 2011

  Bank of America CEO Brian Moynihan said Tuesday that he was reorganizing the bank's management and operating units, removing Sallie Krawcheck as head of the wealth management.

• BofA to Expand Merrill Edge Advisors

  By Janet Levaux, AdvisorOne  |  July 26, 2011

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  Bank of America to Double Size of Merrill Edge Advisor Group

  By Janet Levaux, AdvisorOne  |  June 21, 2011

  The mass-affluent group should have 1,000 advisors by year-end

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  New Hire Roundup: U.S. Trust, Atlantic Trust Add Senior Wealth Managers

  By Joyce Hanson, AdvisorOne  |  March 31, 2011

  U.S. Trust and Atlantic Trust have added new hires to their ranks, bringing on senior managers from some of the most recognized names in wealth management.

• BofA Profits Fall in Q2, but Merrill Boosts Advisor Headcount, Fees and Income

  By Janet Levaux, AdvisorOne  |  July 18, 2010

  Merrill operations have 15,142 advisors as of the second quarter vs. 15,005 in the previous quarter and 15,008 a year ago.

• BofA Profits Fall in Q2, but Merrill Boosts Advisor Headcount, Fees, and Income

  By Janet Levaux, AdvisorOne  |  July 16, 2010

  Bank of America, the parent company of Merrill Lynch, reported profits of $3.1 billion, or $0.27 per share, on $29.2 billion of revenues in the second quarter of 2010, down from Q2 in 2009.

• Bank of America Profits Fall as Merrill Boosts Advisor Headcount, Fees & Income in Q2

  By Janet Levaux, AdvisorOne  |  July 16, 2010

  Merrill Lynch has 15,142 financial advisors vs. 15,005 in the previous quarter and 15,008 a year ago.

• B/D Briefing: Conversion Time

  By James J. Green, AdvisorOne  |  October 1, 2009

  One of the pleasures of being President is that your influence on Americans doesn't end with your term(s). That's certainly the case with George W....

• How a Bottom-Fisher Reels 'Em In

  By Staff Writer  |  October 10, 2006

  Buying unloved stocks can be tricky, but Tim Evnin, portfolio manager of the U.S. Trust-advised Excelsior MidCap Value&Restructuring Fund (UMVEX), thinks buying companies that are down and out can lead to huge rewards. Before taking the plunge, he and his four-member value team research the company and industry, review its...