Bank of America

Bank of America Merrill Lynch, now branded simply as Merrill, is the investment banking and wealth management division of Bank of America Corporation. It was formed after Bank of America acquired Merrill Lynch in 2009. Merrill Lynch, originally founded in 1914, was known for its extensive network of financial advisors and a strong focus on customer service in investing.

Merrill offers a range of services, including personalized financial advisory, investment management, retirement planning, and estate planning through its financial advisors. The investment banking operations are provided through BofA Securities, which includes underwriting, mergers and acquisitions advisory, and capital raising. Additionally, Merrill Edge caters to self-directed investors with online brokerage services and investment research.

Merrill serves high-net-worth individuals, families, and institutional clients, emphasizing long-term relationships and ethical investment practices. With over 14,000 financial advisors managing approximately $2.8 trillion in client assets, Merrill plays a significant role in Bank of America’s Global Wealth and Investment Management division.