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 one‑on‑one with a trusted advisor, the choice is yours.
 

Online
investing & trading

Merrill Edge
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
Industry-leading
24/7 serviceFootnote6
Portfolio built, managed
and rebalanced for youFootnote7,8
 
Work one-on-one with an advisor to create a personalized action planFootnote8
   
Online
investing & trading
Merrill Edge
Guided Investing
Invest with an advisor
Have more complex wealth management needs?
Invest with a Merrill Lynch financial advisor or a team of U.S. Trust wealth
management specialists
to help you grow, preserve and manage your wealth.
Merrill Lynch
Private Banking & Investment Group
U.S. Trust
Help when you want it
Turn to us when you have questions or need help getting the most out of Merrill Edge.
For one-on-one advice to help you get and stay on track, invest with a
licensed Merrill Edge Financial Solutions Advisor™.
Need help deciding how to invest with us?
1 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 Edge 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.

2 Please review the Merrill Edge Guided Investing Program Brochure (PDF) for important 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. This program is not offered through an advisor.

3 Program fees include portfolio management and trading costs, as well as ongoing support. In addition to the annual program fee, funds within each portfolio have their own expenses, as would individual securities. Other fees may include those mandated by the SEC; transfer, exchange and fund-redemption fees; conditional deferred sales charges; and markups or markdowns. For full fee details, contact us for the Merrill Edge Advisory Account ADV brochure.

4 $0 trades are only available with an individual or joint Merrill Edge self-directed brokerage account. When placing a trade, Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S) determines whether you meet the balance or relationship requirements to qualify that trade for the $0 waiver. To determine the number of qualifying trades, MLPF&S adds the qualifying trades in your individual accounts and joint accounts. Commission fees apply when qualification requirements are not met, or when you exceed the number of qualifying trades a month. Brokerage fees associated with, but not limited to, margin transactions, option trading, special stock registration/gifting, account transfer and processing, research request and termination apply.

a) Commissions are waived for 30 online equity trades each month including stock and exchange traded funds (ETFs) on behalf of MLPF&S, for customers who meet any one of the following criteria:
i) Combined total of $25,000 or more in your deposit accounts at Bank of America, N.A.. MLPF&S adds the average collected balances in your deposit accounts as of the prior month to the balances in your bank CD and IRAs as of the prior business day. Bank deposit accounts with the same Social Security number (SSN) as the SSN(s) on the self-directed brokerage account are systematically included in the balance determination. Standard deposit account fees apply.
ii) Or combined balance of $25,000 or more in cash balances in one or more of the following sweep options in your Merrill Edge self-directed account(s) as of the prior business day:
- Bank Deposit Accounts sweep option with your Cash Management Account® (CMA®)
- Retirement Assets Savings Program sweep with your IRA
iii) Or Client of Preferred Rewards Platinum
b) Commissions are waived for 100 online equity trades each month including stock and ETFs on behalf of MLPF&S, for customers who meet any one of the following criteria:
i) A Client of Preferred Rewards Platinum Honors
ii) Or Client of U.S. Trust

This offer does not apply to Business/Corporate Accounts, Investment Club Accounts, Partnership Accounts and certain fiduciary accounts held at MLPF&S. Other fees and restrictions may apply. Relationship requirements and pricing are subject to change and/or termination without advance notice. To learn more about the ways to qualify for $0 trades, call 1.888.MER.EDGE (1.888.637.3343).

You are eligible to enroll in the Preferred Rewards program if you have an active, eligible Bank of America personal checking account and maintain a three month average combined balance in your qualifying Bank of America deposit accounts and/or your qualifying Merrill Edge and Merrill Lynch investment accounts of at least $20,000 for the Gold tier, $50,000 for the Platinum tier, or $100,000 for the Platinum Honors tier. SafeBalance Banking accounts do not count towards the account or balance requirements, and do not receive the fee waivers and other benefits of the program. Certain benefits are also available without enrolling in Preferred Rewards if you satisfy balance and other requirements. For details on Employee qualification requirements, please visit the Employee Banking & Investments website. The Preferred Rewards Gold tier does not include the $0 online equity and ETF trades via Merrill Edge®, a benefit that is currently available at the Platinum and Platinum Honors tiers of Preferred Rewards. Merrill Lynch Wealth Management clients with greater than $250,000 in assets with Bank of America and Merrill Lynch are eligible for additional banking benefits. Please speak with your Merrill Lynch financial advisor for details.

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.

6 J.D. Power 2016 Certified Contact Center ProgramSM recognition is based on successful completion of an audit and exceeding a customer satisfaction benchmark through a survey of recent servicing interactions. For more information, visit www.jdpower.com/cccGo to J.D. Power.

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

8 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.

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