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Bank of America Merrill Lynch
📍 New York, New York
🇺🇸 US
Merrill, formerly Merrill Lynch, is the wealth management and brokerage division of Bank of America. It provides financial advisory, investment, brokerage and retirement services to individuals, families and institutions through a large network of financial advisors across the United States. The registered broker-dealer entity is Merrill Lynch, Pierce, Fenner and Smith Incorporated.
Services & Coverage
United Statesequitiesfixed incomemutual fundsetfsoptionsalternatives
wealth-managementbroker-dealerfinancial-advisorybrokerageinvestmentsretirementbanking
🏛 Regulatory Status
SEC-registered broker-dealer; FINRA/SIPC memberLicense #
Company Info
Founded 1914
Size Large
Key Executives
Lindsay Hans (President and Co-Head, Merrill Wealth Management)Eric Schimpf (President and Co-Head, Merrill Wealth Management)
Recent News
Bank of America backs 4% crypto allocation cap, ending adviser restrictions and adding bitcoin ETF coverage
2026-01-05
Bank of America authorized wealth advisers to recommend a 1 to 4 percent crypto allocation and began CIO coverage of four spot bitcoin ETFs.
Bank of America Merrill Lynch Broadens Access to Crypto Funds
2026-01-05
Merrill advisers gained the ability to recommend spot bitcoin ETFs including IBIT, FBTC, BITB, and Grayscale Bitcoin Mini Trust.