Merrill's financial adviser training head Jennifer MacPhee is leaving - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

The head of Merrill Lynch's training program, the firm's main talent pipeline, is leaving as the business grapples with remote work. Here are the challenges that await her successor.

Bank of America's wealth manager is looking for a new executive to head its massive financial adviser training program as it tackles bleak realities gripping the industry: advisers are old, and they're leaving big firms in droves.

She was appointed to her role in April 2019 to head up the rigorous, multi-year program that takes industry rookies and trains them up to be full-fledged financial advisers; she is also a market executive in upstate New York. for Merrill Lynch, among the largest US wealth management businesses with some $2.4 trillion in client assets through June.on Friday, which first reported her exit.

The FADP is designed to be a comprehensive program to bring up the next generation of financial advisers, and the program and ones like it tend to have relatively low graduation rates. In an interview with Business Insider in October 2019, Merrill Lynch president Andy Sieg"We're trying to do a better job communicating what a career as an adviser looks like, and what it's like getting started," he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meet Stephen Ross: Inside his life and $7.2 billion net worth - Business InsiderStephen Ross — Trump donor and Equinox chairman — is reportedly mobilizing a $100 million campaign to elect NYC's next mayor. Take a look at how one of the city's richest residents built his fortune. Unless he is giving it to mayawiley we dont wanna hear it!!!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Santa Barbara County, Prince Harry and Meghan Markle's new home - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Why do we need to talk about it? They are cute they are loved It here in covid it’s harsh just relax be happy enjoy things cuz life is going to get harder
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Jennifer Lawrence's Happily Ever After With Husband Cooke Maroney - E! OnlineJust five years ago, Jennifer Lawrence wasn't sure if she would ever get married. Then she was set up with art gallery director Cooke Maroney—'The best person I've ever met'—and everything changed. since when was she married Omfg... I had no idea she was married I didn’t know she got married!
Source: enews - 🏆 466. / 52 Read more »

WeWork second quarter financial results, membership numbers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. ? Son is good at making money from nothing. Why on earth
Source: BusinessInsider - 🏆 729. / 51 Read more »

Amazon is bringing free AWS training to K-12 in Utah - Business InsiderAmazon is giving free AWS training courses to Utah's elementary and high schools — but education specialists say this kind of skills training may not help you get a tech job or even help you learn In this case 'training classes' = infomercials. Great! Not getting a job at Amazon will save them from years of exploitation and lack of benefits, that move in opposite direction of the company's revenue (market power) Waste of time doing their certs.... been there done that, all it led too was depression and unemployment which still suffering from FuckAWS
Source: BusinessInsider - 🏆 729. / 51 Read more »

List of Bon Appétit Test Kitchen stars who left the channel - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. This is what happens when we focus on 'color' not on the face of the person/people themselves. We are a lot more than just the skin color. We are a mini Universe designed to fit into the size of a Human body!!!!!! When will people wake up to this realization?
Source: BusinessInsider - 🏆 729. / 51 Read more »