Wealth Units Bank of America’s entire global wealth and investment management operation generated $5.8 billion in revenue in the third quarter of last year, an 8% increase from a year earlier.

BofA announced it hired Ed Riley and Jessica Mullin several days after unveiling its new advisory group for ultra-high-net-worth clients based out of its Merrill Wealth division.

Key Takeaways Bank of America is set to report fourth-quarter earnings before the opening bell Thursday.The bank is expected ...

Roughly two dozen specialists to support Merrill Wealth Management advisors on alts, custom asset allocation, specialized ...

Follow live coverage of earnings from Wells Fargo, JPMorgan Chase, Citigroup, Goldman Sachs, Bank of America, Morgan Stanley, ...

Bank of America’s business focus over the last 15 years has been gathering assets for its wealth management divisions.

BofA said yesterday that Merrill has introduced an ultra-high-net-worth advisory group to enhance service for clients with ...

Bank of America Corp. created a group of specialists that cater to the ultra-wealthy, looking to capitalize on the growing ...