Wealth and Asset Management
Merrill to Ready Clients for Account Changes
Merrill Lynch is preparing to send a missive to clients, saying that any fee-based accounts not transitioned onto its new advisory platform–Merrill Lynch One–by year’s end will be converted into commission-based accounts, Wealth Adviser at WSJ.com reports. The notices will start going out in the fall, ahead of Merrill’s self-imposed…
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