Investment Choices

A full range of
investment choices

Build a diversified portfolio with help from
Merrill Edge®
  Why choose... May be a good move for... Pricing & fees

For all types of investors

Stocks

Invest in shares of publicly-traded companies across a variety of sectors
  • Building a balanced portfolio
  • A breadth of choices across sectors, geographies and industries
  • Liquidity
  • New and experienced investors
$6.95 per unlimited online equity and ETF trade.Footnote 1 Learn how to qualify for $0 trades.Footnote 2 See fee detailsFootnote 1

Exchange-Traded Funds (ETFs)

Trades like a stock with the diversification of a mutual fund. Offers the flexibility to hold and trade shares
  • Building a balanced portfolio
  • Liquidity
  • Potential for tax-efficiency
  • Index fund investing
  • Growth, value and income strategies
  • New and experienced investors
$6.95 per unlimited online equity and ETF trade.Footnote 1 Learn how to qualify for $0 trades.Footnote 2 See fee detailsFootnote 1

Mutual Funds

Invest in professionally managed funds aligned to a variety of investment strategies and time horizons
  • Building a balanced portfolio
  • Built-in diversification
  • Meeting long-term investment goals
  • Index fund investing
  • Growth, value and income strategies
  • New and experienced investors
Thousands of well-known funds. See fund prospectus for details on pricing

Fixed Income & Bonds

Invest in a broad range of Treasuries, municipal and corporate bonds and CDs
  • Building a balanced portfolio
  • Generating regular income
  • Helping reduce portfolio volatility
  • Meeting long- and short-term goals
  • New and experienced investors
See fee details

For experienced traders

OptionsFootnote 3

Execute your options strategy for just $0.75 per contract and gain access to new mini optionsFootnote 3
  • Experienced investors
$6.95 per online trade + .75 per contract. See fee detailsFootnote 1

MarginFootnote 7

A flexible line of credit that can be used for almost any purpose.
  • Experienced investors
Learn more about margin lending

For simplified investing

BofAML US 1 List

Generate investment ideas with buy-rated stocks recommended by BofA Merrill Lynch Global Research analysts
  • Narrowing your search for stock investment choices that may be right for you
The BofAML US 1 List is provided as a service to Merrill Edge clients at no additional charge. Standard pricing and fees apply

Merrill Edge Select® FundsFootnote 4

The Merrill Lynch screening process helps to take the guesswork out of finding quality mutual funds, including equity and fixed income funds
  • Help choosing from thousands of funds from popular fund families for self-directed investors
Merrill Edge Select® Funds are provided as a service to Merrill Edge clients at no additional charge. Standard pricing and fees apply

Merrill Edge Select® ETFs

Helps investors simplify choosing ETFs
  • Getting diversified equity exposure from a portfolio of securities based on a specific index, geographic regions or investing styles
Merrill Edge Select® ETFs are provided as a service to Merrill Edge clients at no additional charge. Standard pricing and fees apply

Managed Portfolios

Merrill Edge Guided Investing

An online investment advisory program that combines the best of online investing with a professionally managed portfolio — all at a low cost
  • A diversified portfolio of ETFs
  • Monitoring your performance online
$5,000 minimum investment and a low 0.45% annual fee. Other fees may applyFootnote 5

Merrill Edge Select® Portfolios

Meet with a Merrill Edge Financial Solutions Advisor™ to help you select a diversified portfolio of investments aligned to your investment goals, time horizon, risk tolerance and liquidity needs—pre-screened, monitored and adjusted by the investment professionals at Merrill Lynch
  • A diversified portfolio
  • For those who want professional advice and guidance
$20,000 minimum investment, 0.85% annual account management fee. See fee detailsFootnote 6
Invest with advice when you need it
Invest with a licensed Merrill Edge Financial Solutions Advisor™, who can help you pursue your financial goals and plan for what matters most to you.
Ready to get started?
888.637.3343
Call 24 hours a day, 7 days a week
600 dollar IRA offer
Get up to $600 when you enroll, open and fund a new Merrill Edge® investment account or IRA.
How to qualify
Become a smarter investor
Understanding Asset Classes
Watch video
Investing in Stocks
Read article
Getting to Know Exchange-Traded Funds (ETFs)
Read article
How to Choose a Mutual Fund
Read article
Where Do Bonds Fit into Your Portfolio?
Read article
Click here to learn about more ways to manage your investments
Footnote 1 Other management and transaction fees may apply. In addition to your stock, ETF or option commission sell orders may also be subject to a transaction fee (of between $0.01 to $0.03 per $1,000 of principal). If applicable, this fee appears under "Transaction Fee" on a Trade Confirmation. There are other fees associated with investing in ETFs, Read the "Expenses & Charges" sections of the prospectus to find out what they are. Contact us to obtain a prospectus.

Footnote 
Eligibility: Commissions are only waived for online stock and ETF trades conducted via an individual or jointly owned online investing and trading personal CMA or IRA account.

Qualify for 30 $0 online stock and ETF trades per month as a Preferred Rewards Platinum client.

Or qualify for 100 $0 online stock and ETF trades per month (meet either one of these criteria):
  • Preferred Rewards Platinum Honors client
  • U.S. Trust Client
For details about commissions, transaction fees and any other fees that may apply visit merrilledge.com/pricing. Certain account types are not eligible. Other restrictions may apply. Relationship requirements and pricing are subject to change and/or termination without advance notice. For full details about ways to qualify for $0 trades, call 888.MER.EDGE (888.637.3343).
Footnote 
Options involve risk and are not suitable for all investors. Certain requirements must be met to trade options. Before engaging in the purchase or sale of options, investors should understand the nature of and extent of their rights and obligations and be aware of the risks involved in investing with options. Prior to buying or selling an option, clients must receive the options disclosure document "Characteristics and Risks of Standardized Options." Call the Investment Center at 877.653.4732 for a copy. A separate client agreement is needed. Multi-leg option orders are charged one base commission per order, plus a per contract charge.
Footnote 4 Merrill Edge Select® Funds meet a proprietary screening process developed by the Global Wealth and Investment Management Chief Investment Office (GWIM CIO). The listing contains no-load funds with no transaction fees and load-waived funds that are open for new and subsequent purchases. Available funds have a minimum initial investment of no more than $3,000. Each fund must have $100 million or greater ($500 million for Large Cap funds) in assets under management across all share classes offered by the fund. Note that index funds are not included in Merrill Edge Select Funds. To learn more about the Merrill Edge Select Funds methodology go to http://www.merrilledge.com/research/select-fund-research.

Footnote 5 There is an annual fee of 0.45% based on the assets held in the account. This fee is charged monthly in advance. Other fees may apply. Sales 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. To learn more about Merrill Edge pricing, review the Program Brochure.

Footnote 
There is an annual fee of 0.85% on the assets held in the account. This fee is charged monthly in advance. For full fee details, please see the Merrill Edge Advisory Account ADV brochure. 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 internal expenses, as would individual securities. Other fees may apply, including those mandated by the SEC; transfer, exchange and fund-redemption fees; conditional deferred sales charges; and markups or markdowns.
Footnote 
When you purchase securities, you may pay for the securities in full, or if your account has been established as a margin account with the margin lending program, you may borrow part of the purchase price from Merrill Lynch. If you choose to borrow funds for your purchase, Merrill Lynch's collateral for the loan will be the securities purchased, other assets in your margin account, and your assets in any other accounts at Merrill Lynch. If the securities in your margin account decline in value, so does the value of the collateral supporting your loan, and, as a result, we can take action, such as to issue a margin call and/or sell securities in any of your accounts held with us, in order to maintain the required equity in your account. If your account has a Visa® card and/or checks, you may also create a margin debit if your withdrawals (by Visa card, checks, preauthorized debits, FTS or other transfers) exceed the sum of any available free credit balances plus available money account balances (such as bank deposit balances or money market funds). Please refer to your account documents for more information.

Before opening a margin account, you should carefully review the terms governing margin loans. For Individual Investor Accounts, these terms are contained in the Margin Lending Program Client Agreement. For all other accounts, the terms are in your account agreement and disclosures. It is important that you fully understand the risks involved in using margin. These risks including the following:

  • You can lose more funds than you deposit in the margin account. A decline in the value of securities that are purchased on margin may require you to provide additional funds to us to avoid the forced sale of those securities or other securities in your account(s).
  • We can force the sale of securities in your account(s). If the equity in your account falls below the maintenance margin requirements or Merrill Lynch's higher "house" requirements, we can sell the securities in any of your accounts held by us to cover the margin deficiency. You also will be responsible for any shortfall in the account after such as sale.
  • We can sell your securities without contacting you. Some investors mistakenly believe that they must be contacted for a margin call to be valid, and that securities in their accounts cannot be liquidated to meet the call unless they are contacted first. This is not the case. We will attempt to notify you of margin calls, but we are not required to do so. Even if we have contacted you and provided a specific date by which you can meet a margin call, we can still take necessary steps to protect our financial interests, including immediately selling the securities without notice to you.
  • You are not entitled to choose which securities in your account(s) are liquidated or sold to meet a margin call. Because the securities are collateral for the margin loan, we have the right to decide which security to sell in order to protect our interests.
  • We can increase our "house" maintenance margin requirements at any time and are not required to provide you advance written notice. These changes in our policy may take effect immediately and may result in the issuance of a maintenance margin call. Your failure to satisfy the call may cause us to liquidate or sell securities in your account(s).
  • You are not entitled to an extension of time on a margin call. While an extension of time to meet margin requirements may be available to you under certain conditions, you do not have a right to the extension.
If you have any questions or concerns about margin and the margin lending program, please contact your Merrill Lynch Financial Advisor or the Merrill Edge Advisory Center.™
Mutual fund and ETF disclosure:

Additional fees and expense may apply.
There are costs associated with owning a mutual fund or ETF, such as annual operating fees and expenses. This and other important information is included in the prospectus, which should be read carefully before investing. Contact us to obtain a fund's prospectus. For more information about investing in mutual funds at Merrill Lynch, please read the Mutual Fund Investing at Merrill Lynch pamphlet or consult our glossary.

For more complete information, clients should obtain the prospectus, and/or if available, the summary prospectus, from their Financial Advisor and should read it carefully. Before investing, carefully consider the investment objectives, risks, and charges and expenses of a fund. This and other information can be found in the fund's prospectus and/or, if available, summary prospectus.

Prospectuses for mutual funds can be obtained through the investor's sign-in area of merrilledge.com. Clients of the Merrill Edge Advisory Center can also call 1.888.654.6837. If you're not currently a Merrill Edge client, please call 888.637.3343."

Exchange Traded Funds are subject to risks similar to those of stocks. Investment returns may fluctuate and are subject to market volatility, so that an investor's shares, when redeemed or sold, may be worth more or less than their original cost. You should carefully consider the investment objectives, risks, charges, and expenses before investing in this product. This and other important information is included in the prospectus, which should be read carefully before investing. Prospectuses can be obtained from your investment professional or through the investor's sign-in area of bankofamerica.com/investments.

Footnote 7 Diversification does not ensure a profit or protect against loss in declining markets.

Neither Merrill Edge nor its financial solutions advisors provide tax, accounting or legal advice. Clients should review any planned financial transactions or arrangements that may have tax, accounting or legal implications with their personal professional advisors.

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