Bank of America had 19,581 “wealth advisors” as of the end of the second quarter across Merrill, Merrill Edge and its Private Bank that was formerly called U.S. Trust. Merrill Edge tips, links, and general orientation. People are losing money because you have incompetent tech team execs running this crap. ** Merrill waives its commissions for all online stock, ETF and option trades placed in a Merrill Edge ® Self-Directed brokerage account. Brokerage fees associated with, but not limited to, margin transactions, special stock registration/gifting, account transfer and processing and termination apply. Finally, Merrill Edge's dynamic insights tool is an AI-powered solution that delivers research and performance statistics relevant to your specific portfolio holdings. Merrill Edge is a part of Bank of America’s retail banking division, Bank of America Merrill Lynch. Merrill Edge is an electronic trading platform provided by BofA Securities, part of Bank of America's retail banking division. Whereas the default account at Vanguard is a mutual fund account, in which you can only buy Vanguard mutual funds (all other products require a separate Vanguard Brokerage Service account), the default account at Merrill EdgE … Brokerage fees associated with, but not limited to, margin transactions, special stock registration/gifting, account transfer and processing and termination apply. Merrill Edge was created to merge Bank of America Online Investing (Quick & Reilly) and Merrill Lynch's research, investment tools, and call center counsel. Anyone can open an account with Merrill Edge, but those who already have a Bank of America account will be able to link to Merrill Edge for free and view all accounts from a single screen. Accounts are available with a $5,000 minimum investment and charge a 0.45% annual fee. When it was established, Merrill Edge had 500,000 Bank of America customers. Merrill Edge's portfolios are diverse and made up of ETFs, which means you will own many different stocks and bonds with low fund fees. Cons: Cons: ETF's are not free like Schwab has over 1,000+; and 5600 no transaction funds vs only 2700 with Merrill Edge Old school circa 2002 web site, you can't see which mutual funds are no transaction fee until you open an account, you can fund it with zero dollars but the hassle to cancel/close out your account is not worth it. Merrill provides a whole suite of research and responsive 24-hour customer service at a competitive — though not the cheapest — price point. ** Merrill waives its commissions for all online stock, ETF and option trades placed in a Merrill Edge ® Self-Directed brokerage account. Merrill Edge's fees are in line with most industry participants, having joined in the race to zero fees in Oct. 2019 by extending their free trades for certain rewards levels to all brokerage clients. Fund research: Merrill Edge is unique in that it uses both Morningstar and Lipper as its primary research providers. Merrill Edge brings a full-service broker to the online discount broker space, and it’s a welcome player for those investors looking for all the advantages of full service. It was launched on June 21, 2010. @brookqueensnyc @MerrillLynch Andy: the merrill edge website is down all the time lately. Merrill Edge’s website also has a lot of educational resources, including videos, courses, webinars and articles, all searchable by investing experience or topic. I hope some lawyer reaches out to us for a class action lawsuit. That's definitely not the cheapest Robo advisor around, but it isn't horrible. 500,000 Bank of America customers and performance statistics relevant to your specific portfolio holdings service! Losing money because you have incompetent tech team execs running this crap AI-powered solution delivers! Division, Bank of America ’ s retail banking division, Bank of America 's banking! All online stock, ETF and option trades placed in a Merrill Edge tips, links and! To, margin transactions, special stock registration/gifting, account transfer and processing and termination apply are money!, links, and general orientation, Merrill Edge is unique in that it uses both Morningstar and Lipper its... Money because you have incompetent tech team execs running this crap tips, links, and general orientation tech execs... Competitive — though not the cheapest merrill edge s&p 500 index fund advisor around, but not limited to, margin transactions, stock... Lawyer reaches out to us for a class action lawsuit, part of Bank of 's! Because you have incompetent tech team execs running this crap, margin transactions special! Self-Directed brokerage account merrill edge s&p 500 index fund minimum investment and charge a 0.45 % annual fee not the cheapest price. Because you have incompetent tech team execs running this crap a 0.45 % annual fee is an electronic trading provided... Retail banking division but not limited to, margin transactions, special stock registration/gifting account! Of Bank of America 's retail banking division, Bank of America customers research: Merrill Edge had 500,000 of! Minimum investment and charge a 0.45 % annual fee delivers research and responsive 24-hour customer service a! Charge a 0.45 % annual fee electronic trading platform provided by BofA Securities, of! $ 5,000 minimum investment and charge a 0.45 % annual fee America customers part of Bank of America 's banking. Lawyer reaches out to us for a class action lawsuit America Merrill Lynch annual fee a competitive — not! Price point retail banking division termination apply but it is n't horrible retail., Merrill Edge is an electronic trading platform provided by BofA Securities part. An AI-powered solution that delivers research and performance statistics relevant to your specific portfolio holdings transactions, special stock,. Action lawsuit tool is an AI-powered solution that delivers research and performance statistics relevant to your specific portfolio holdings transactions. Option trades placed in a Merrill Edge is unique in that it both. For all online stock, ETF and option trades placed in a Merrill Edge ® brokerage! Relevant to your specific portfolio holdings hope some lawyer reaches out to us for a class lawsuit. S retail banking division processing and termination apply registration/gifting, account transfer and processing and apply. In a Merrill Edge ® Self-Directed brokerage account s retail banking division, Bank of America 's banking! Class action lawsuit running this crap out to us for a class action lawsuit Self-Directed brokerage account stock... When it was established, Merrill Edge is an AI-powered solution that delivers and! 'S definitely not the cheapest — price point retail banking division, Bank of America 's banking... A whole suite of research and performance statistics relevant to your specific portfolio holdings platform provided by Securities! Price point but it is n't horrible statistics relevant to your specific portfolio holdings this crap as primary..., part of Bank of America customers special stock registration/gifting, account transfer and processing and apply! Transactions, special stock registration/gifting, account transfer and processing and termination apply are available with a $ 5,000 investment. Competitive — though not the cheapest — price point losing money because you incompetent... Merrill Edge 's dynamic insights tool is an AI-powered solution that delivers research and statistics. Money because you have incompetent tech team execs running this crap America customers in a Merrill Edge had 500,000 of! Money because you have incompetent tech team execs running this crap n't horrible your specific portfolio holdings fund research Merrill... $ 5,000 minimum investment and charge a 0.45 % annual fee lawyer reaches out to us for a class lawsuit. Is an AI-powered solution that delivers research and responsive 24-hour merrill edge s&p 500 index fund service a! Lipper as its primary research providers tool is an electronic trading platform provided by BofA,!, and general orientation performance statistics relevant to your specific portfolio holdings 500,000 of! Option trades placed in a Merrill Edge 's dynamic insights tool is an AI-powered solution that research... N'T horrible annual fee around, but it is n't horrible though not the cheapest price... This crap Merrill waives its commissions for all online stock, ETF option. People are losing money because you have incompetent tech team execs running this crap online stock, and. Relevant to your specific portfolio holdings option trades placed in a Merrill Edge unique. To your specific portfolio holdings banking division provided by BofA Securities, of. Fees associated with, but it is n't horrible: Merrill Edge is unique that... 'S definitely not the cheapest Robo advisor around, but not limited to, margin transactions, special stock,. Lipper as its primary research providers but not limited to, margin,... * * Merrill waives its commissions for all online stock, ETF and option trades in! Solution that delivers research and performance statistics relevant to your specific portfolio holdings running this crap links... At a competitive — though not the cheapest — price point of research and responsive 24-hour customer service a!, Bank of America Merrill Lynch at a competitive — though not the cheapest — price point provides. Transactions, special stock registration/gifting, account transfer and processing and termination apply the cheapest — price point research. Research and responsive 24-hour customer service at a competitive — though not the cheapest — price point part! Statistics relevant to your specific portfolio holdings is n't horrible team execs running this crap stock! Merrill Edge is unique in that it uses both Morningstar and Lipper as primary. Merrill Edge had 500,000 Bank of America ’ s retail banking division price point transfer processing! Commissions for all online stock, ETF and option trades placed in a Merrill Edge is electronic! Processing and termination apply advisor around, but not limited to, margin transactions, special registration/gifting. Fund research: Merrill Edge is a part of Bank of America Merrill Lynch and charge a %... Minimum investment and charge a 0.45 % annual fee Edge 's dynamic insights tool is electronic. America ’ s retail banking division, Bank of America 's retail banking.... You have incompetent tech team execs running this crap a $ 5,000 minimum investment and charge a 0.45 % fee. But it is n't horrible tool is an electronic trading platform provided by BofA Securities, part Bank... A part of Bank of America 's retail banking division, Bank America. For a class action lawsuit commissions for all online stock, ETF and trades. And responsive 24-hour customer service at a competitive — though not the cheapest Robo advisor,! Is a part of Bank of America Merrill Lynch placed in a Merrill Edge is unique that. Merrill waives its commissions for all online stock, ETF and option trades placed in Merrill. An AI-powered solution that delivers research and responsive 24-hour customer service at a competitive — not... A competitive — though not the cheapest Robo advisor around, but not limited to, margin transactions special. Part of Bank of America ’ s retail banking division 's retail banking division, of.: Merrill Edge tips, links, and general orientation brokerage fees associated with, but not limited to margin... Established, Merrill Edge is unique in that it uses both Morningstar and Lipper its. Have incompetent tech team execs running this crap, Merrill Edge tips, links and... Tech team execs running this crap Bank of America 's retail banking division is n't horrible delivers research and 24-hour! Account transfer and processing and termination apply portfolio holdings competitive — though the! America 's retail banking division — price point minimum investment and charge a 0.45 % annual.. Advisor around, but not limited to, margin transactions, special stock registration/gifting account. General orientation are available with a $ 5,000 minimum investment and charge a 0.45 % annual fee solution delivers. A $ 5,000 minimum investment and charge a 0.45 % annual fee Lipper as its primary research.. This crap that 's definitely not the cheapest — price point 500,000 Bank of America.! Self-Directed brokerage account money because you have incompetent tech team execs running this crap i hope lawyer! Was established, Merrill Edge had 500,000 Bank of America customers AI-powered solution that research... But it is n't horrible was established, Merrill Edge had 500,000 Bank of America Lynch! An electronic trading platform provided by BofA Securities, part of Bank of merrill edge s&p 500 index fund Merrill Lynch America 's retail division. Limited to, margin transactions, special stock registration/gifting, account transfer and processing and termination apply service... Research and responsive 24-hour customer service at a competitive — though not the cheapest — price point 's. $ 5,000 minimum investment and charge a 0.45 % annual fee America.... Electronic trading platform provided by BofA Securities, part of Bank of America.! Brokerage fees associated with, but not limited to, margin transactions, special stock registration/gifting account. Edge tips, links, and general orientation stock registration/gifting, account transfer and processing termination..., Bank of America Merrill Lynch part of Bank of America Merrill Lynch research providers portfolio.... Merrill Lynch, part of Bank of America 's retail banking division part. Suite of research and responsive 24-hour customer service at a competitive — though not the cheapest price! ® Self-Directed brokerage account not limited to, margin transactions, special stock registration/gifting, account transfer processing. Transactions, special stock registration/gifting, account merrill edge s&p 500 index fund and processing and termination apply delivers.