Expense Ratio — Gross Expense Ratio is the total annual operating expense before waivers or reimbursements from the fund's most recent prospectus. You should also review the fund's detailed annual fund operating expenses which are provided in the fund's prospectus.
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Return to Merrill. Merrill Lynch Wealth Management is ushering in changes for its giant force of financial advisors as it navigates exits, a fierce competitive environment, and a newly reorganized training program.
The updates are wide-ranging and are aimed at addressing concerns advisors have expressed to leaders. Since Merrill has stopped hiring experienced advisors from competitors in recent years, its program has become a crucial source of bringing up new talent.
The changes this spring came after months of uncertainty for participants in its training program, where cold-calling potential clients was paused after the business found instances of violating do-not-call lists. In the fall, Merrill started rolling out to advisors weekly updates as part of a campaign meant to address feedback from advisors and stem exits in its ranks.
Merrill's competitors, like UBS, Morgan Stanley, and wealth management firms in the independent wealth industry, are poaching large Merrill teams at a rapid clip. For you. Learn more about Merrill Lynch Wealth Management.
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