Merrill A Bank of America Company Merrill A Bank of America Company Open an account Login Open Menu bar Find answers to common questions at MerrillSchedule an Open an accountwith Merrill Mutual Funds Select toChoose and open an account Mutual Funds can offer investors: Select toSee our comprehensive pricing Clear explanations tab 1 of 3 selectedInvesting ideas tab 2 of 3Powerful tools tab 3 of 3 Gain a comprehensive understanding of a mutual fund with Fund Story, a curated and engaging experience that empowers you to pursue your investing goals with clarity and confidence. View the holdings making up a fund, monitor performance, evaluate third-party ratings and see how fees are assessed as well as their impact on returns now and over time. With all this information at your fingertips, it's easy to analyze funds anddecide which ones work best foryou. Previous slideNext slide tab 1 of 3 selectedtab 2 of 3tab 3 of 3 The Merrill screening process takes the guesswork out of finding quality funds for investors with a self-directed account. Taking risk, cost and performance measures into account, each quarter we highlight 3-5 funds in each category. Select toExplore funds Select toChoose and open an account or call us at 888.637.3343 Find your preferred way to invest, whether you're interested in simple stock trades or advanced options and margin trading. Select to learn more aboutStocksSelect to learn more aboutETFsSelect to learn more aboutFixed IncomeSelect to learn more aboutOptionsSelect to learn more aboutMargin Trading View all choices Footnote Asset allocation, diversification, and rebalancing do not ensure a profit or protect against loss in declining markets. Footnote Other fees may apply. Sales of ETFs are subject to a transaction fee of between $0.01 and $0.03 per $1,000 of principal. There are costs associated with owning ETFs and mutual funds. To learn more about Merrill pricing, visit our Pricing page. Footnote3 When you purchase No Load, No Transaction Fee funds (NTF) or Load Waived funds, you will not pay loads, transaction fees or commissions. For No Load, Transaction Fee funds (TF) you will be charged a transaction fee of $19.95 per online purchase, sale or exchange or $29.95 if representative assisted. A Merrill short term redemption fee of $39.95 is charged on redemptions or exchanges of NTF funds that are held less than 90 days. There are costs associated with owning a mutual fund, such as annual operating fees and expenses. This and other important information are included in the prospectus. For more information about investing in mutual funds at Merrill, please read the Mutual Fund Investing at Merrill Lynch pamphlet (PDF) or consult our glossary. MAP5529348-04282024 Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Asset allocation, diversification, and rebalancing do not ensure a profit or protect against loss in declining markets. Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions. This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other services. Additional information is available in our Client Relationship Summary (PDF). Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as "MLPF&S" or "Merrill") makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation ("BofA Corp."). MLPF&S is a registered broker-dealer, registered investment adviser, Member Securities Investor Protection (SIPC) popup and a wholly owned subsidiary of Bank of America Corporation ("BofA Corp"). Merrill Lynch Life Agency Inc. (MLLA) is a licensed insurance agency and wholly owned subsidiary of BofA Corp. Banking products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation. Investment products offered through MLPF&S and insurance and annuity products offered through MLLA: Privacy|Security|Glossary|Advertising practicespopupAdvertising Practicespopup © 2024 Bank of America Corporation. All rights reserved. 4326521
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FAQs
Can I buy mutual funds through Merrill Lynch? ›
Merrill Lynch's Automated Investment Program enables you to easily implement a dollar cost averaging strategy to invest regular fixed amounts in specific mutual funds on an ongoing basis. You can invest monthly, quarterly, annually or on any other regular schedule that you choose.
Is Merrill Edge good for beginners? ›Merrill Edge Accounts Are Best For:
Beginning and intermediate investors and traders. Business owners who desire comprehensive financial offers. Those seeking in-person branch access. Excellent investment product research and screeners.
Merrill Edge Self-Directed accounts have no minimum balance requirement and no annual account fee.
Is Merrill Lynch a good company to invest with? ›Merrill is a good company if you're looking for an established financial advisor to help create and implement a plan to meet your financial goals. Whether you're looking for guidance on investing or selling a business, Merrill can help with various levels of service and options for both in-person and online advising.
Are Merrill Lynch fees high? ›The range of the markup that Merrill charges is between 0.50% – 2.00%, depending on the maturity of the MLI. A portion of the Merrill markup, which may be discounted by your Advisor, is paid to your Advisor as compensation.
How do beginners buy mutual funds? ›Fortunately, there are many different ways you can buy mutual fund shares. "One can easily invest in mutual funds via their workplace retirement plan, IRA, or opening a brokerage account through Fidelity, Schwab, and Vanguard," notes Grewal. Most investors use brokerage accounts to buy mutual fund shares.
How safe is my money in Merrill Lynch? ›Any assets you hold in your Merrill Cash Management Account ® (CMA account) are protected by the Securities Investor Protection Corporation (SIPC). The SIPC provides up to $500,000 of account protection per client, inclusive of up to $250,000 for cash.
Which is better, Charles Schwab or Merrill Lynch? ›Investing with either company will help you make gains without suffering large fees. That said, investors with more money may receive more individualized services from Merrill Lynch, while investors who want to use market research or robo-advisors might prefer Schwab.
What is the average return of Merrill Lynch? ›As of July 2024, in the previous 30 Years, the Merrill Lynch Edge Select Aggressive Portfolio obtained a 8.66% compound annual return, with a 13.26% standard deviation.
What is the annual program fee for Merrill? ›1 Merrill Guided Investing has an annual program fee of 0.45% based on the assets held in the account.
What is the difference between Merrill Lynch and Merrill Edge? ›
Merrill Lynch brokers are encouraged to focus on building and retaining relationships with wealthy clients. Merrill Edge is a discount online broker that has no account minimum and $0 commission stock and ETF trades while still providing some access to Merrill Lynch's research and tools.
What is the Merrill rule? ›The 2-1 decision to strike down the so-called “Merrill Rule” (named after the wirehouse Merrill Lynch) meant brokers had to move assets into advisory accounts regulated by the Investment Advisers Act of 1940 if they wanted to charge fees rather than commissions, the revenue source for brokerage accounts.
How much do you need to invest in Merrill Lynch? ›Merrill Lynch Financial Advisors is the advisory service associated with Merrill Edge. The firm requires a $20,000 minimum investment, and it comes with a 0.85% annual management fee.
Is Merrill trustworthy? ›Merrill Edge is a solid choice for long-term, DIY investors, especially those who already have a relationship with Bank of America. It's also a good choice for investors who want varying degrees of financial guidance.
How does Merrill Lynch rank as a financial advisor? ›In fact, for the seventh year in a row, Merrill had the most advisors named to the 2023 Forbes “America's Top Next-Generation Wealth Advisors” list. Published on August 8, 2023.
Can I invest in mutual funds through my bank? ›Buying mutual funds can be straightforward. Many banks and brokerage firms, including Schwab, have their own line of proprietary mutual funds as well as access to thousands of third-party funds.
Can I buy mutual funds in my brokerage account? ›A brokerage account is an investment account that allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.
Which broker offers mutual funds? ›The best broker for mutual funds is Interactive Brokers IBKR Lite. This broker offers more than 48,000 funds, over 19,000 of which have no transaction fees.
Can I buy mutual funds directly? ›You can invest directly in a Mutual Fund either offline or online, if your KYC is complete. If you are uncomfortable transacting online, you can invest in a fund by visiting its nearest branch. Online is the most convenient way to invest directly in Mutual Fund schemes and you get to save on commissions as well.