1 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.
Diversification, asset allocation and rebalancing do not ensure a profit or protect against declining markets.