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Launched on June 21, 2010, [3] Merrill Edge is a "a no-frills brokerage unit" of parent company Bank of America's retail banking division. [4] Created after Merrill Lynch became a subsidiary of Bank of America in 2008, it contains the Merrill Lynch name and its employees are included in Merrill Lynch's number of employees. [5]
The company was founded on January 6, 1914, when Charles E. Merrill opened Charles E. Merrill & Co. for business at 7 Wall Street in New York City. [11] A few months later, Merrill's friend, Edmund C. Lynch, joined him, and in 1915 the name was officially changed to Merrill, Lynch & Co. [12] At that time, the firm's name included a comma between Merrill and Lynch, which was dropped in 1938. [13]
6. Merrill Edge. Merrill Edge is the online brokerage side of venerable Merrill Lynch, now a Bank of America company. Why it was chosen: Merrill Edge is the self-directed investing platform with ...
Merrill Edge. SoFi Active Investing. Firstrade. Bankrate evaluates brokers based on a number of factors including: Cost (commissions, account fees, etc.) Account types. Investment offerings ...
Merrill Edge: $100, $150, $250 or $600 bonus When you open a Merrill Edge IRA or cash management account and make a qualifying deposit within 45 days of opening, you can earn up to a $600 bonus.
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