Compare Your Investing Choices

Three ways to invest

Whether you prefer to put your own ideas into action, take a hands-off approach to investing or work with a trusted advisor, the choice is yours.
 

Merrill Edge*
Self-Directed

Merrill Guided Investing

Invest with an advisor

Bank and invest
with one login
Simple flat-rate pricing
$6.95 unlimited online
equity and ETF trades
Other fees may applyFootnote1
0.45% annual feeFootnote2
Other fees may applyFootnote1
0.85% program feeFootnote3
Other fees may applyFootnote1
Account minimum
$0 $5,000 $20,000
Preferred Rewards benefits
  • $0 tradesFootnote4 plus access to Merrill Edge MarketPro®Footnote5
    Other fees may applyFootnote1
  • Balances count toward your Preferred Rewards status
Balances count toward your Preferred Rewards status Balances count toward your Preferred Rewards status
Investment choices
Full range of investment choices including stocks, bonds, options, ETFs and well‑known mutual funds A set of ETF strategies A set of mutual fund/
ETF strategies
Accounts available
  • Brokerage
  • Rollover IRAs
  • Traditional and Roth IRAs
  • 529 college savings plans
  • Small business solutions
  • Brokerage
  • Rollover IRAs
  • Traditional and Roth IRAs
  • Brokerage
  • Rollover IRAs
  • Traditional and Roth IRAs
  • 529 college savings plans
  • Small business solutions
Step-by-step guidance
Easy-to-use tools
Investor education
Access to award-winning
BofA Merrill Lynch Global Research
Third-party and independent
research & insights
Mobile
Online dashboard to
monitor performance
24/7 service
Portfolio built, managed
and rebalanced for youFootnote6,7
 
Work with an advisor to create a personalized action planFootnote7
   
Merrill Edge*
Self-Directed
Merrill Guided Investing Invest with an advisor
Have more complex wealth management needs?
Invest with a Merrill Lynch Wealth Management Advisor, a Merrill Private Wealth Advisor, or a team of Bank of America Private Bank specialists to help you grow, preserve and manage your wealth.
Merrill a Bank of America Company
Bank of America Private Bank
Help when you want it
Turn to us when you have questions or need help getting the most out of Merrill.
For advice to help you get and stay on track, invest with a
licensed Merrill Financial Solutions Advisor™.
Need help deciding how to invest with us?
Chat
online
Call
Call 24/7
888.637.3343
Footnote 1 Other sales may apply. Sales are subject to a transaction fee of $0.01 - $0.03 per $1,000 of principal. There are costs associated with owning ETFs. To learn more about Merrill Edge pricing, visit merrilledge.com/pricing or merrilledge.com/guided-investing-program-brochure for details of Merrill Guided Investing. The program fee for Merrill Edge Select® Portfolios includes portfolio management, trading costs and ongoing Financial Solutions Advisor support. In addition to the annual program fee, the expenses of the investments will vary based on the specific funds within each portfolio. Where possible, institutional class shares are used to minimize expenses.

Footnote 
Please review the applicable Merrill Guided Investing Program Brochure (PDF) or Merrill Guided Investing with Advisor Program Brochure (PDF) for information including pricing, rebalancing, and the details of the investment advisory program. Your recommended investment strategy will be based solely on the information you provide to us for this specific investment goal and is separate from any other advisory program offered with us. If there are multiple owners on this account, the information you provide should reflect the views and circumstances of all owners on the account. If you are the custodian of this account for the benefit of another person, please keep in mind that these assets will be invested for the benefit of the other person. Merrill Guided Investing is offered with and without an advisor.

Merrill, Merrill Lynch, and/or Merrill Edge investment advisory programs are offered by Merrill Lynch, Pierce, Fenner and Smith Incorporated ("MLPF&S"). MLPF&S and Managed Account Advisors LLC ("MAA") are registered investment advisors. Investment advisor registration does not imply a certain level of skill or training.
Footnote 
Merrill Edge Select Portfolios has an annual program fee of 0.85% based on the assets held in the account. This fee is charged monthly in advance. In addition to the annual program fee, the expenses of the investments will vary based on the specific funds within each portfolio. Actual fund expenses will vary; please refer to each fund's prospectus. Where possible, institutional class shares are used to minimize expenses. 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 Edge pricing, visit Merrill Edge Advisory Account ADV brochure (PDF).
Footnote 
Eligibility: Commissions are only waived for online stock and ETF trades conducted via an individual or jointly owned self-directed personal CMA® or IRA account.

Merrill Edge waives its commission fee for:
  • 10 monthly online stock & ETF trades for Gold tier members
  • 30 monthly online stock & ETF trades for Platinum tier members
  • 100 monthly online stock & ETF trades for Platinum Honors tier members & Bank of America Private Bank clients
For details about commissions, transaction fees and any other fees that may apply, visit merrilledge.com/pricing. For full details about ways to qualify for $0 trades, call 888.637.3343 or visit merrilledge.com/$0detail. Preferred Rewards for Wealth Management clients (formerly known as Banking Rewards for Wealth Management), other than Bank of America Private Bank clients, do not receive Merrill Edge® Self-Directed commissions waivers.
Footnote 5 Merrill Edge MarketPro® is available to clients who maintain a Merrill Edge self-directed relationship. To qualify, you must maintain total combined balances of $50,000 or more in your Merrill Edge and Merrill Lynch investment accounts and Bank of America, N.A. deposit accounts, or make at least 15 self-directed trades per quarter. Preferred Rewards Platinum or Preferred Rewards Platinum Honors also qualify. Not available to investment professionals or for trust accounts and business accounts. Relationship requirements and pricing are subject to change.

Footnote 6 Asset allocation, diversification and rebalancing do not ensure a profit or protect against loss in declining markets.

Footnote 7 Merrill Edge investment advisory programs are offered by MLPF&S. MLPF&S and Managed Account Advisors LLC (MAA) are registered investment advisers. Investment adviser registration does not imply a certain level of skill or training.

ARR6WFKN-EXP040520