Bulls Snort at Bank of America Corp (BAC)-Merrill Lynch Management Fees

There’s no doubt B of A wants to make this work. It is expanding BAML’s reach, recently adding an expert team of cross-sellers from Wells Fargo & Co (NYSE:WFC) to its offices in Wisconsin. Wells Fargo & Co (NYSE:WFC), of course, has a stellar reputation for being tops in cross-selling, so B of A has certainly gone to the right source to learn the ropes.

As they say, you get more bees with honey than with vinegar. That’s a lesson Bank of America needs to learn on many levels, and it would be smart to start practicing with its own profit-generating wealth-advisement team.

The article Bulls Snort at Bank of America-Merrill Lynch Management Fees originally appeared on Fool.com is written by Amanda Alix.

Fool contributor Amanda Alix has no position in any stocks mentioned. The Motley Fool recommends Bank of America and Wells Fargo. The Motley Fool owns shares of Bank of America and Wells Fargo.

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