Merrill Edge
Financial Service
Why pick this one
Merrill Edge offers self-directed investing with $0 minimums, unlimited $0 online stock, ETF, and option trades, plus managed portfolios from $1,000.
Best for
- Investors who want to manage their own stock, ETF, mutual fund, bond, or options portfolio online
- Investors seeking professionally managed portfolios starting at $1,000
- Investors wanting one-on-one advisor access with a $20,000 minimum
- Bank of America customers wanting connected banking and investing account access
- Investors seeking retirement rollovers, IRAs, or education accounts
Look elsewhere if
- Investors seeking completely fee-free options trading, since options trades carry a $0.65 per-contract fee
- People seeking legal, tax, or accounting advice, which Merrill states it does not provide
- People requiring a specified local service area or in-person emergency financial service
Specialties
- self-directed stock, ETF, mutual fund, bond, and options investing
- automated goal-based portfolio management
- advisor-assisted investment management
- retirement account rollovers and IRAs
- education investment accounts
What makes them different
- Self-directed accounts offer unlimited $0 online stock, ETF, and option trades, subject to applicable fees
- Self-directed investing has $0 minimum investments with no annual account fees or balance minimums
- Access to BofA Global Research, including equity research, economic reports, and investment ideas
- Bank of America and Merrill investing accounts can be viewed and managed online in one place
- Merrill Edge Self-Directed received Stockbrokers.com's #1 Bank Brokerage award for 12 consecutive years
- Response time
- Opening an investment account online is simple, secure and only takes minutes.
Distilled from this business's own website.
Contact & Location
- Address
- 3303 Battleground Ave, Greensboro, NC 27410-2401
- Phone
- 13363873877
- Website
- https://www.merrilledge.com
- wealthmanagement@bankofamerica.com
Services
- online brokerage accounts
- managed investment advisory programs
- one-on-one investment advising
- retirement planning and accounts
- education savings accounts
- online stock, ETF, and options trading