Unexpectedly, broker attrition at Bank of America (BAC) reached a historic low last quarter,...

|About: Bank of America Corporation (BAC)|By:, SA News Editor

Unexpectedly, broker attrition at Bank of America (BAC) reached a historic low last quarter, says Sallie Krawcheck, head of wealth management. Expectations had more advisers leaving the combined BofA-Merrill Lynch for smaller firms; instead, the Q4 rate was half the previous low.