Merrill Lynch Announces Relationship With Virtuoso® to Offer Clients Access to the World’s Leading Travel Advisory Network


Dateline City: NEW YORK High-touch Travel Service Provides Expert Resources to Help Clients Achieve Leisure Goals During Retirement and Throughout Their Lives Merrill Lynch today announced an exclusive relationship with luxury travel network Virtuoso® to provide clients with access to the world’s leading travel advisors. The relationship Read more [...]

Merrill Lynch Expands Capabilities to Help Clients Prepare for and Live Their Best Life in Retirement


Dateline City: NEW YORK Merrill Lynch Clear® Enhancements Across Seven Life Priorities Help Explore Opportunities and Challenges, and Achieve Goals Merrill Lynch today announced a series of enhancements to Merrill Lynch Clear®, a pioneering approach that offers a more comprehensive way of helping people navigate to and throughout Read more [...]

The World Bank Issues a 10-Year Step-Up Callable Green Bond for Merrill Lynch Wealth Management Clients


Dateline City: NEW YORK Today the World Bank (International Bank for Reconstruction and Development, rated Aaa/AAA) priced a $ 12.057 million World Bank Step-Up Callable Green Bond sold to Merrill Lynch Wealth Management clients. Bank of America Merrill Lynch offered the step-up fixed rate bonds, which are callable after one year. The bonds will pay a 2.32 percent coupon per year for the first Read more [...]

A Morgan Stanley Economist Is Worried About The Bullishness Of His Own Clients


In his weekly Sunday night note, Morgan Stanley economist Joachim Fels writes that something weird happened this week: His own clients with whom he had spoken about the economy during the week thought he was sounding "bearish." Fels does not consider himself to be a bear, which lead him to this concerning revelation: I do worry that investors may be too complacent about the looming near-term macro risks that I highlighted in my meetings: a sell-off in US Treasuries as predicted by our US Read more [...]

Managing Wealth Includes Online Reputation and Digital Asset Management for U.S. Trust Clients


Dateline City: NEW YORK Expanded Financial Empowerment Program Helps Families Address Risks in an Online World U.S. Trust, the private wealth management arm of Bank of America, today announced it has expanded its Financial Empowerment Program to address risks to family wealth in an online world. As part of the expanded program, U.S. Read more [...]

How To Explain To Wealthy Clients Why Their Tax Bill Is So High In Six Easy Steps


If you’re a tax advisor, then your holidays were anything but happy. This has been, without question, the worst year-end tax projection season in decades. It’s a misery that’s been universal regardless of the size, location, or experience level of the advisor; in fact, there’s only one common thread that’s been necessary to make for a depressing December  -- wealthy clients. Forbes - Personal Finance Read more [...]