Case C-1: Merrill Lynch: Integrated Choice

Case C-1Merrill-Lynch : Integrated Choice (AbrigdedIntroductionCharles E . Merrill laid the foundations of the ships company in 1914 . His vision was to make the financial markets accessible to either individual This way Merrill-Lynch became a pioneer in delivery Wall Street to the common manMerrill-Lynch creates money from deuce principal(prenominal) divisions in business : Wealth counseling collection institutional node base . Within the Wealth Management Group two product categories exist : brokerage lending and addition steering portfolio function . Another part of the Wealth Management Group is U .S . personal assort . U .S . Private group serves individuals , SMEs , and employee benefit plans using a planning-based approach to extend money , asset , liability and transition management services . Merrill-Lynch has progressed so much over the years through its employees . It is a employee genial firm . Having nearly 14 ,000 financial advisors spreadhead crosswise 750 offices throughout the U .S Merrill-Lynch poses to be a great financial support , service and product provider .

The 750 offices account to clxxx vice presidents , who in turn reported to 25 regularize managers and finally to two national sales managers . These exceedingly ball-hawking financial consultants worked with clients to help them manage their assets . Financial Consultants at Merrill-Lynch were highly ranked and were trained further at the gil d . initially for the first two years each c! onsultant played out time in training and initial prospecting for clients . each consultants at Merrill-Lynch initially get fixed pays and later on their packages atomic number 18 managed through complex formulae . Consultants at Merrill-Lynch were considered very entrepreneurial and overly had...If you want to get a full essay, bon ton it on our website: BestEssayCheap.com

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