Case C-1Merrill-Lynch : Integrated Choice (AbrigdedIntroductionCharles E . Merrill laid the foundations of the fellowship in 1914 . His vision was to make the pecuniary markets accessible to all individual This way Merrill-Lynch became a pioneer in bring Wall Street to the common manMerrill-Lynch creates money from devil principal(prenominal) divisions in business : Wealth counseling collection institutional thickening radical . Within the Wealth Management Group two product categories exist : brokerage lending and addition centering portfolio function . Another part of the Wealth Management Group is U .S . personal assemblage . U .S . Private group serves individuals , SMEs , and employee benefit plans using a planning-based approach to extend interchange , asset , liability and transition management services . Mer rill-Lynch has progressed so much over the years through its employees . It is a employee cordial firm . Having nearly 14 ,000 financial advisors spreadhead crossways 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 dominion managers and finally to two national sales managers . These exceedingly good 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 gild . in itially for the first two years each consult! ant fagged time in training and initial prospecting for clients . each consultants at Merrill-Lynch initially get fixed pays and later on their packages argon managed through complex formulae . Consultants at Merrill-Lynch were considered very entrepreneurial and as well had...If you want to get a full essay, bon ton it on our website:
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