After the deal is completed, Bank of America is said to have 20,000 financial advisers and $2.5 trillion in assets. The purchase was first announced in September. Read the full Associated Press report here.

NOT FOR REPRINT

© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.