Merrill Lynch notches record revenue of $4B

Merrill Lynch's advisor headcount, at 14,829, was up 2% from the year-ago period but down 1% from the prior quarter. The company said the slight quarter-to-quarter decline was due to seasonal trends, which led to fewer hires into its training program


Mining for millennials

By 2020, the aggregated net worth of global millennials is estimated to hit between $19tr and $24tr