, has continued adding new trainees to its program during the second quarter in large part based on offers extended during the first quarter, according to the company's senior executive. $2.2 trillion wealth manager Merrill Lynch is pausing new hires for a 3,000-plus person financial adviser training program that's its main talent pipeline
Merrill Lynch stopped reporting the total number of full-service financial advisers in its ranks, which has fallen in recent years as, along with its competitors, advisers have exited or retired and it's focused on training talent internally. Business Insider first reported in April that some 650 people were temporarily taken out of adviser training and directed to remotely assist customers with the federalintended to help protect small businesses and their employees during the crisis.
The wealth manager reported a rise of less than 1% to some $2.4 trillion in client assets since the same time last year.
And you thought banks were having a tough time...
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Introducing Advertising Insider, Business Insider's new daily newsletter - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Airbnb resuming IPO plans as business slowly rebounds: report - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Early investors looking for some cash.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Economic outlook: Fed to prioritize long-term hiring, inflation goals - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Apollo head of talent talks diversity hiring, MBA recruiting - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Stop sharing shit I can’t read for free.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Chase's mobile banking user growth decelerated in Q2 2020 despite lockdown measures - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Monzo: $1.6 billion bank startup launches Monzo Plus paid accounts - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Monzo?
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »