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Furthermore, what is Merrill Lynch known for?

Merrill Lynch & Co. was a prominentindependent brokerage house at 7 Wall Street and founded by CharlesE. Merrill in 1914. In 2008-2009, the company was acquiredby the Bank of America, and it is now known as MerrillLynch Wealth Management. It handles over $1.2 trillion inassets from clients in countries world-wide.

Similarly, what fees does Merrill Lynch charge? Merrill Lynch charges a program fee forthe Merrill Lynch Investment Advisory Program that consistsof a Merrill Lynch Fee Rate and a Style Manager ExpenseRate. The maximum rates charged for the Merrill LynchFee Rate are 2.20% of AUM for accounts below $5 million and2.00% of AUM for accounts of $5 million or more.

Keeping this in view, what do Merrill Lynch advisors do?

Merrill financial advisors believe in a simpleprinciple: Our success is driven by understanding what matters mostto our clients and helping them live their best financiallives. Enjoy working closely with clients and teammates to helpclients pursue their goals. Be an entrepreneur who builds andmanages a business.

Who are Merrill Lynch competitors?

The top 10 competitors in Bank of AmericaMerrill Lynch's competitive set are Goldman Sachs, CreditSuisse , UBS, Morgan Stanley, Citigroup, RBC Capital Markets,Investec, EY, Wells Fargo and Barclays.