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Merrill Edge offers a cash management account to hold un-invested cash. This account earns interest and offers convenient access to cash through debit cards and checks. Additionally, the automatic sweeps feature ensures that idle cash in investment accounts is automatically moved to the cash management account to earn interest.
The best brokerage account depends on your needs, like trading frequency, investment types and user experience. Some of the top brokerage accounts to consider are E-Trade, Charles Schwab and Fidelity.
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 ...
www .merrill .com. Merrill (officially Merrill Lynch, Pierce, Fenner & Smith Incorporated ), previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America. Along with BofA Securities, the investment banking arm, both firms engage in prime brokerage and broker-dealer activities.
Ally Invest’s sister brand, Ally Bank, wins many accolades and the company is also well regarded for its customer service. Minimum amount to open an account: $0. Standard pricing: $0 on no-load ...
Account types: Brokerage, IRAs, 401(k), Custodial, 529, Robo-advisor, Wealth Management. Why they were included: Merrill Edge is the self-directed investing platform from Merrill, now owned by ...
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