Bank of America Merrill Lynch saw a record $24.3 billion in new financial benefit plan assets in 2012, a 30% increase over the previous year, as it plans to strengthen that growth with a bigger push into the investment bank in 2013.
The $24.3 billion total is up from $19 billion in new assets to the retirement and benefit plan services the firm won in 2011 and $17 billion in 2010.
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