Kelly Milligan vs. Merrill Lynch: A Fight for Rights in Deferred Compensation

Article: News

Milligan, a former broker with over two decades at Merrill Lynch, alleges that the firm illegally withheld $500,000 of his deferred compensation after he left to join an independent broker-dealer. Central to the lawsuit is the argument that Merrill Lynch’s deferred compensation plan should be governed by the Employee Retirement Income Security Act of 1974 (ERISA), which includes provisions against such forfeiture. This case highlights a significant tension in the financial sector between employer compensation strategies and the rights of employees under federal law.

Rockefeller Capital Management: Pioneering Legacy and Innovation in Wealth Solutions

Article: News

Rockefeller Capital Management (RCM) has established itself as a premier financial services provider, seamlessly blending the historic success of the Rockefeller family with forward-looking, innovative strategies. Offering unparalleled access to wealth management, asset management, and investment solutions, RCM invites high-net-worth individuals and institutions to explore opportunities that are rooted in legacy and driven by cutting-edge…

Next Generation Planning is Top of Mind for Advisors

Article: News

Life is a constant juggling act for advisors between managing clients, a book of business, and firm needs that there often isn’t time to evaluate next generation (or succession) planning. Today, however, planning ahead is top of mind for advisors for a variety of important reasons with mounting interest in determining if being an employee…