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Merrill Guided Investing™

The investing guidance you want, now within reach

Get the convenience of a professionally managed portfolio and the option to work with an advisor—all at a low cost.
Get started with Merrill Guided Investing
New - Invest for Less

More guidance and tools to help you pursue your goals

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Professionally managed portfolios

Investment portfolios are monitored and rebalanced by a team of Merrill investment professionals.Footnote 1
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Investing and banking connected

View and manage your Bank of America bank and Merrill investment accounts with just one login. Plus, Preferred Rewards members get a program fee discount.Footnotes 2,3
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Investing strategies aligned to your goals

Tell us about yourself and your goals and receive a recommended investment strategy.
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Low minimums, low cost

It's easy to get started with a low minimum investment and the option to work with an advisor.
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While you manage life, we manage investing

See how this investment advisory program can help you pursue the financial future you envision.

Our guidance. Your choice.

With Merrill, you determine the level of guidance we provide. Depending on your comfort level, you may choose to invest solely online, or you may want the added advice of an advisor. Use the chart to help you decide. Compare your options with Merrill Guided Investing.

Online

Tools and an investment strategy aligned to your goal

Online with an advisor

One-on-one help to define and pursue your goal
Minimum investment
Online 
$5,000 $1,000
Online with an advisor 
$20,000
Straightforward pricing
Online 
Less than $1 per month for a $1k balance
Annual Program Fee 0.45%Footnote 4
Quality for discount pricing with Bank of America Preferred Rewards.
Other fees may applyFootnote *
Online with an advisor 
Less than $15 per month for a $20k balance
Annual Program Fee 0.85%Footnote 4
Quality for discount pricing with Bank of America Preferred Rewards.
Other fees may applyFootnote *
ETF and mutual fund strategies
Online 
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Online with an advisor 
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Professionally managed portfoliosFootnote 1
Online 
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Online with an advisor 
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Online dashboard
Online 
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Online with an advisor 
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Bank of America banking and Merrill investing connected
Online 
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Online with an advisor 
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Establish goals online
Online 
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Online with an advisor 
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Advisor helps you establish goals
Online 
 
Online with an advisor 
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One-on-one advice
Online 
 
Online with an advisor 
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Periodic reviews with an advisor
Online 
 
Online with an advisor 
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Gold

0.05%
Program fee discountFootnote 3
Other fees applyFootnote *

Platinum

0.10%
Program fee discountFootnote 3
Other fees applyFootnote *

Platinum Honors

0.15%
Program fee discountFootnote 3
Other fees applyFootnote *

Get even more with Preferred Rewards

As a Bank of America Preferred Rewards member, get program fee discounts on your Merrill Guided Investing account. Plus enjoy additional benefits including monthly account maintenance fee waivers and more.Footnote 3

Our step-by-step process makes it easy to get started.

1

Goal

Tell us about yourself and your investing goal.
2

Review

Review your recommended investment approach.
3

Open

Open and fund your account online or online with an advisor.

Call an advisor now

855.488.5245

Set up a meeting

Schedule an appointment

There's more than one way to invest

Merrill Edge® Self‑Directed offers personalized planning tools and investing ideas, plus unlimited $0 stock, ETF and option trades with no trade or balance minimums.Footnote 5 Options contract and other fees may apply.Footnote *
Footnote 
Other fees may apply. Free and $0 means there is no commission charged for these trades. $0 option trades are subject to a $0.65 per-contract fee. 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 pricing, visit our Pricing page.
Footnote 
The Chief Investment Office (CIO) develops the investment strategies for Merrill Guided Investing, including providing its recommendations of ETFs, mutual funds, and related asset allocations. Managed Account Advisors LLC (MAA), Merrill's affiliate, is the overlay portfolio manager responsible for implementing the Merrill Guided Investing strategies for client accounts, including facilitating the purchase & sale of ETFs and mutual funds in client accounts and updating account asset allocations when the CIO's recommendations change while also implementing any applicable individual client or firm restriction(s).
Footnote 
Certain banking and brokerage accounts may be ineligible for real-time money movement, including but not limited to transfers to/from bank IRAs (CD, Money Market), 529s, Bank of America Advantage SafeBalance Banking™, Credit Cards and transfers from IRAs, Loans (HELOC, LOC, Mortgage) and accounts held in the military bank. Accounts eligible for real-time transfers will be displayed online in the to/from drop down menu on the transfer screen.
Footnote 3 You are eligible to enroll in the Preferred Rewards program if you have an active, eligible Bank of America® personal checking account or Bank of America Advantage Banking account and maintain a three-month average combined balance in your qualifying Bank of America deposit accounts and/or your qualifying Merrill 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. The combined balance is calculated based on your average daily balance for a three calendar month period. Bank of America Advantage SafeBalance Banking accounts count towards the checking account and balance requirements, and receive benefits. Bank of America Advantage SafeBalance Banking™ accounts do not count toward 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.

Footnote 
Clients enrolled in Preferred Rewards receive a discount off the Merrill Guided Investing program's annual asset-based fee of 0.45%, and the Merrill Guided Investing with an advisor and Merrill Edge Advisory Account programs' annual asset-based fee of 0.85% for any of their accounts enrolled in the respective advisory programs. Preferred Rewards-enrolled clients receive a discount of 0.05% off of the annual rate for the Gold tier, 0.10% for the Platinum tier, or 0.15% for the Platinum Honors tier based on their Preferred Rewards tier effective at the time the applicable advisory program fee is calculated. Bank of America Private Bank clients will also receive a discount of 0.15% off of the annual rate. It may take up to 30 calendar days for changes to your Preferred Rewards status or tier to be associated with and effective for your accounts in the advisory programs. 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. 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 pricing, visit our Pricing page.
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 the Merrill Guided Investing fee discount.

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 fiduciary of this account for the benefit of the account owner or account holder (e.g., trustee for a trust or custodian for an UTMA), please keep in mind that these assets will be invested for the benefit of the account owner or account holder. 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 & Smith Incorporated ("MLPF&S") and Managed Account Advisors LLC ("MAA") an affiliate of MLPF&S. MLPF&S and MAA are registered investment advisers. Investment adviser registration does not imply a certain level of skill or training.
Merrill Guided Investing and Merrill Guided Investing with Advisor have an annual program fee of 0.45% and 0.85%, respectively, 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. 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 pricing, visit our Pricing page.

Footnote 
Merrill waives its commissions for all online stock, ETF and option trades placed in a Merrill Edge® Self-Directed brokerage account. Brokerage fees associated with, but not limited to, margin transactions, special stock registration/gifting, account transfer and processing and termination apply. $0 option trades are subject to a $0.65 per-contract fee. Other fees and restrictions may apply. Pricing is subject to change without advance notice.
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Investing in securities involves risks, and there is always the potential of losing money when you invest in securities.

Asset allocation, diversification, and rebalancing do not ensure a profit or protect against loss in declining markets.
Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.

This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other services. Additional information is available in our Client Relationship Summary (PDF).

Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as "MLPF&S" or "Merrill") makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation ("BofA Corp."). MLPF&S is a registered broker-dealer, registered investment adviser, Member Securities Investor Protection (SIPC) popup and a wholly owned subsidiary of Bank of America Corporation ("BofA Corp").
Merrill Lynch Life Agency Inc. (MLLA) is a licensed insurance agency and wholly owned subsidiary of BofA Corp.

Banking products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation.

Investment products offered through MLPF&S and insurance and annuity products offered through MLLA:
Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value
Are Not Deposits Are Not Insured by Any Federal Government Agency Are Not a Condition to Any Banking Service or Activity


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