MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, June 10, 2005 Merrill: A Natural Consolidator? Merrill Lynch is looking to boost its brokerage business targeting high-net worth investors, reports Reuters. ,br> "We're looking at a variety of ways to grow our company and obviously we have the capital to do that," James Gorman, executive vice president, told Reuters. Merrill Lynch is a "natural consolidator" in the business, said Gorman. Investors with Merrill's 14,000 advisors generate an average of $720,000 in revenue. Printed from: MFWire.com/story.asp?s=9872 Copyright 2005, InvestmentWires, Inc. All Rights Reserved |