Case C-1Merrill-Lynch : Integrated Choice (AbrigdedIntroductionCharles E . Merrill laid the foundations of the caller in 1914 . His vision was to make the fiscal markets accessible to each individual This way Merrill-Lynch became a pioneer in pitch Wall Street to the common manMerrill-Lynch creates money from twain principal(prenominal) divisions in business : Wealth counseling collection institutional leaf node chemical assemblage . Within the Wealth Management Group two product categories exist : brokerage lending and addition watchfulness portfolio function . Another part of the Wealth Management Group is U .S . personal group . U .S . Private group serves individuals , SMEs , and employee benefit plans using a planning-based approach to extend cash , asset , liability and transition management services . Merrill- Lynch has progressed so much over the years through its employees . It is a employee brotherly 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 one hundred eighty vice presidents , who in turn reported to 25 partition managers and finally to two national sales managers . These super deft financial consultants worked with clients to help them manage their assets . Financial Consultants at Merrill-Lynch were highly ranked and were trained further at th e gild . initially for the first two years ! each consultant exhausted 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 in any case had...If you want to get a full essay, bon ton it on our website:
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