Merrill Lynch Investment Advisory Program Brochure. Investments involve risk, including the possible loss of principal investment. 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.”). Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other services. At Merrill Lynch, you can choose from one or more programs and services based on your individual objectives, investment style, need for ongoing advice and interest in particular solutions. 9am – 9pm Eastern, Monday – Friday, Personalized advice that is focused on your goals. There are important differences between brokerage and investment advisory services, including the type of advice and assistance provided, the fees … SEC Share Class Selection Disclosure Initiative. Footnote 13 Clients enrolled in Preferred Rewards receive a discount off the Merrill Guided Investing program's annual asset-based fee of 0.45%, and the Merrill Guided Investing with an Advisor and Merrill Edge Advisory Account programs' annual asset-based fee of 0.85% for any of their accounts enrolled in the respective advisory … Connect with an advisor and starta conversation about your goals. Both brokerage and investment advisory services (including financial planning) are offered by the Private Wealth Advisors through MLPF&S. INVESTMENT ADVISORY PROGRAM FEES You pay us an IA Program fee (payable monthly or quarterly depending on the IA Program) based on the value of the assets in your account at the annualized fee rates listed below: • IAP – Advisor-based advice on, and access to, a full list of investments and managed strategies for a … Additional information is available in our Client Relationship Summary. With over over 17,000 financial advisors and $2.2 trillion in client assets Merrill Lynch is among largest full-service brokerage companies in the U.S. Visit Merrill Edge review for self-directed brokerage account review. Give us a call at 1.866.706.8321 Investment, insurance and annuity products: Merrill Lynch Life Agency Inc. is a licensed insurance agency and wholly owned subsidiary of Bank of America Corporation. 101 Hudson Street Jersey City, NJ 07302 800.637.7455 . He has 25 years investment experience with senior positions at AXA, Union Bank of Tokyo, Nomura, Rothschild and Paine Webber. You pay a customized fee subject to a maximum rate based on strategy type. Merrill Lynch, a division of Bank ... fee-based investment advisory program, called Merrill Lynch One. Additional information is available in our Client Relationship Summary.Â. There are important differences between brokerage and investment advisory services, including the type of advice and assistance provided, the fees … www.ml.com Investments involve risk, including the possible loss of principal investment. The Fund bears reasonable expenses incurred in connection with the Fund's … SEC Share Class Selection Disclosure Initiative. It is provided for informational purposes only and is not intended to be either a specific offer by Bank of America, Merrill or any affiliate to sell or provide, or a specific invitation for a consumer to apply for, any particular retail financial product or service that may be available. October 28, 2019 at 8:00 AM Eastern Bank of America today announced that it has added 40 … That’s why we offer the Merrill Lynch Investment Advisory Program. Other fees and expenses may apply. 1 The Chief Investment Office (CIO) provides thought leadership on wealth management, investment strategy and global markets; portfolio management solutions; due diligence; and solutions oversight and data analytics. MLPF&S is a registered broker-dealer, Member SIPC and a wholly owned subsidiary of Bank of America Corporation. Asset allocation, diversification and rebalancing do not ensure a profit or protect against loss in declining markets. The Merrill Lynch Investment Advisory Program is an investment advisory service sponsored by Merrill.Merrill offers a broad range of brokerage, investment advisory and other services. Other fees and expenses may apply. Their average advisory fee percentage is 1.30% and their average mutual fund and ETF expense ratio is 0.76% for a total fee of roughly 2%. 9am – 9pm Eastern, Monday – Friday, Personalized advice that is focused on your goals. You’ll work closely with your dedicated advisor for personalized advice and managed portfolios that fit your long-term objectives. 2 The Investment Advisory Program fee is a combination of the fee rate for our Services, referred to as the “Merrill Lynch Fee Rate,” and, if applicable, the expense rate for the Style Manager’s services with respect to each Style Manager Strategy in an Investment Advisory Program account, referred to as the “Style Manager … Merrill offers a broad range of brokerage, investment advisory … With fees often disclosed in obscure language, buried in fine print and rarely revealed as a sum total cost to the client, many investors don't know how much money they are spending over the lifetime of their portfolio on investment advice and management. You’ll work closely with your dedicated advisor for personalized advice and managed portfolios that fit your long-term objectives. At Merrill Lynch, you can choose from one or more programs and services based on your individual objectives, investment style, need for ongoing advice and interest in particular solutions. Merrill Lynch is cutting account fees by about 20% for some customers who pay for advice. If you choose a strategy managed by an investment manager, you will also pay a style manager fee. 1 Fiduciary Advisory Services is an investment advisory program sponsored by Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”). CONVERSION PAINS That’s why we offer the Merrill Lynch Investment Advisory Program. At Merrill, you can choose from one or more programs and services based on your individual objectives, investment style, need for ongoing advice and interest in particular solutions. This in­formation should not be construed as investment advice and is subject to change. Connect with an advisor and starta conversation about your goals. Strategic Portfolio Advisor. Bank of America Coronavirus Resource Center, Advice tailored to your specific investment needs, A comprehensive financial strategy and recommendations to help grow and preserve your wealth, Choice to manage day-to-day investment decisions, or have your advisor do it for you, Investment professionals who draw from research and insights to help make sense of the financial landscape and markets, A broad selection of investment solutions, including custom managed portfolios driven by the thought leadership and methodologies of our Chief Investment Office, Investment recommendations consistent with your risk tolerance, liquidity needs, time horizon and goals, Ongoing performance monitoring to help keep you on track, Regular reviews, easy-to-read documents and a single agreement, An annual fee based on a percentage of the assets in your account. Subject to our sole discretion, we may consider, in addition  to the assets in your Investment Advisory Program account, certain assets and liabilities at Merrill Lynch held by you or others in determining the applicable Merrill Lynch Fee Rate from month to month. Clicking RETURN TO PBIG will take you back to the previous page. It is provided for informational purposes only and is not intended to be either a specific offer by Bank of America, Merrill or any affiliate to sell or provide, or a specific invitation for a consumer to apply for, any particular retail financial product or service that may be available. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other services. You should consult your legal and/or tax advisors before making any financial decisions. The data showed that Merrill Lynch had the highest average expense ratios on ETFs and mutual funds (0.68%) and the third highest average advisory … Bank of America Adds 40 Model Portfolios to Merrill Lynch Investment Advisory Program New Investment Manager Model Portfolios Offer Clients More Choice and Flexibility, With Guidance From the Company’s Chief Investment Office. A digital advisory program with or without an advisor: Clients who are comfortable using online tools that are looking for a low-cost program could consider the Merrill … We are not responsible for and do not endorse, guarantee or monitor content, availability, viewpoints, products or services that are offered on other websites.  MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. Merrill Private Wealth Management is a division of MLPF&S that offers a broad array of personalized wealth management products and services. You are eligible to enroll in the Preferred Rewards for Wealth Management program if you have an active, eligible Bank of America® personal checking or Bank of America Advantage Banking account and maintain a three-month average combined balance in your qualifying Bank of America deposit accounts and/or your qualifying Merrill investment … Personal Investment Advisory program at Merrill Lynch. The Merrill Lynch Investment Advisory Program is an investment advisory service sponsored by Merrill. 2 The Investment Advisory Program fee is a combination of the fee rate for our Services, referred to as the “Merrill Lynch Fee Rate,” and, if applicable, the expense rate for the Style Manager’s services with respect to each Style Manager Strategy in an Investment Advisory Program account, referred to as the “Style Manager Expense Rate,” and is expressed as a percentage of assets, applied monthly to an Investment Advisory Program account. Where do I find more information? 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