Merrill Edge

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  Mass Affluent Plagued With Financial Worries: Report

  By Marlene Y. Satter, AdvisorOne  |  April 26, 2012

  Even with $9 trillion in assets, the mass affluent aren’t happy campers.

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  Fiduciary Standard Can Serve Middle Class—Look at Accountants and Lawyers

  By Gil Weinreich, AdvisorOne  |  April 19, 2012

  Fiduciary expert Michael Finke insists different compensation schemes could motivate financial professionals to serve clients with fewer assets.

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  Merrill Edge Rolls Out Portfolio Series

  By Janet Levaux, AdvisorOne  |  February 29, 2012

  BofA's new mass-affluent products have a 1% yearly fee and a $20,000 minimum balance.

• Wirehouses Post Mixed Results for Q4’11

  By Janet Levaux  |  February 24, 2012

  Bank of America said in mid-January that it had net income of $2 billion, or $0.15 per share, for the fourth quarter of 2011 vs. a net loss of $1.2 billion, or $0.16 per share in the same year-ago period, meeting analysts’ expectations.

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  BofA Back in Black as Merrill Hires More FAs: Q4 Earnings

  By Janet Levaux, AdvisorOne  |  January 19, 2012

  Bank of America said Thursday that it had net income of $2 billion for the fourth quarter of 2011 vs. a net loss of $1.2 billion in the same year-ago period, meeting analysts’ expectations.

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  BofA Lowers Fees, Expands Online Platform for Merrill Edge

  By Janet Levaux, AdvisorOne  |  January 17, 2012

  These changes aim to boost business with Bank of America-Merrill's mass-affluent investors who do most of their trading online.

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  Merrill Lynch Boosts Client Minimum, Earns Expert’s Kudos

  By Janet Levaux, AdvisorOne  |  January 5, 2012

  The move to raise the minimum household asset level to $250,000 comes as the Bank of America unit seeks further ways of increasing profits for its high-net-worth and mass-affluent operations.

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  BofA to Add 160 Merrill Edge Advisors in Southwest

  By Janet Levaux, AdvisorOne  |  December 12, 2011

  Bank of America said Monday that it planned to add 160 Merrill Edge Financial Solutions Advisors in the Southwest by the end of March 2012 and named several managers to help it grow the business in this market.

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  Merrill Edge Report: Mass Affluent Seeking More Advice, Tightening Wallets

  By Janet Levaux  |  November 30, 2011

  The latest survey finds that 63% of mass-affluent investors turn to advisors and others for financial guidance, up from 53% about six months ago.

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  BofA-Merrill Strikes Back, Snags Credit Suisse, Wells Advisors With $1.5B

  By Janet Levaux  |  October 31, 2011

  After losing a $1 billion team to Morgan Stanley, Merrill acts, then also hires 27 advisors for Merrill Edge.