Visitors to the Merrill Edge site can get instant answers to their questions with the site’s live chat feature, available 24/7. They can find an advisor in their area by visiting the company’s website. Merrill Edge also offers one-on-one guidance for clients who prefer to work with a Merrill Edge Financial Solutions Advisor and plan to invest at least. Investors looking for extra guidance can get help from a Merrill Edge financial advisor. Unlike Fidelity and Interactive Brokers, Merrill Edge does not provide a list of commission-free ETFs. The articles How to Choose a Mutual Fund and How to Read a Mutual Fund Prospectus are useful for new investors and available for free. Merrill Edge traders pay 6.95 for equity transactions. The Merrill Edge site has several easy-to-understand resources for those who have never invested in mutual funds before. The funds are also free of investments with alcohol, tobacco or firearms companies. Merrill Edge has several funds the company classifies as socially responsible, meaning they do not include investments in companies whose practices are environmentally harmful or in conflict with any religious beliefs. In addition to mutual funds, those with brokerage accounts can purchase stocks, ETFs and options. Merrill Edge offers many financial services, including professionally managed and self-managed brokerage accounts, retirement accounts, college savings, personal banking and more. Both those with Merrill Edge accounts and those with accounts at other firms can purchase Merrill Edge mutual funds. Merrill Edge offers a wide variety of financial services, including managing mutual funds. Beware.īank of America bought Merrill Lynch in 2008, and Merrill Edge launched in 2010 to streamline services for existing Bank of America and Merrill Lynch brokerage customers. There are many companies that can handle these types of transactions and it's unfortunate that the folks at Merrill are so siloed, defensive and inept, I will never trust Merrill with my money. As a teenage mother of two girls and a high school dropout, she faced many challenges early in life. Their terrible bumbling customer service felt destabilizing and kind of traumatic. Christian’s journey to success is nothing short of remarkable. I work for a big company and understand things can get confused, but in this case - with the significance of their correct communication so high - and they literally told me my money was never there - and it was the whole time. Things should be fine by the end of the week but I will never forget the terrible sense of incompetence that came thru via correspondence with these folks. I called back to see about figuring this out with another or hopefully fresh group of reps on a new call and they were able to locate the funds. The last woman kept saying she couldn't hear me but she took my information then then hung up on me. I was crying, this was upsetting and they were sincerely condescending in responding to me. After 2 hours on the phone today where I was spoken to so incredibly rudely by a string of folks who were telling me my money wasn't there and there was no record of it.
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