Is my Merrill Lynch account insured?

Funds held in this account are protected by FDIC insurance for up to $250,000 per depositor, per ownership category, per bank . 31) Interest rates for the Merrill Lynch Direct Deposit Program are determined at the discretion of BANA based on economic and business conditions and are subject to change.

How do I get my Merrill Lynch statement?

And you can print your statements or save them to your computer or CD. To opt for online delivery and convenient e-mail alerts, visit www. mymerrill. comTM.

Is Merrill Lynch a good place to invest?

Merrill Edge is a good choice for long-term investors, especially those who already have a relationship with Bank of America. The Preferred Rewards program can offer great value for loans or for discounts on the management fee assessed by the robo-advisor, Merrill Edge Guided Investing.

What is the account number for Merrill Lynch?

Account Number: 1X1-45678 24-Hour Assistance: (800) MERRILL Access Code: XX-XXX-XXXX 001 All brokerage accounts are held at Merrill Lynch, Pierce, Fenner & Smith Incorporated, Member SIPC. Bank deposits are held at Merrill Lynch affiliated banks or other depository institutions and are covered by FDIC insurance up to applicable limits.

What does a Merrill Lynch statement look like?

As a Merrill Lynch client, you receive a user-friendly monthly statement that gives you a snapshot of where you stand financially—across both sides of your balance sheet and within each Merrill Lynch account and product type.

How does Direct Deposit Work at Merrill Lynch?

Merrill Lynch Direct Deposit Program. The deposit of checks, the sale of securities and other activity generate cash in your account. Available cash balances are automatically swept into bank deposit accounts with Bank of America, N.A. (under the Merrill Lynch Direct Deposit Program). Until that time, your cash balances will not earn interest.

Is the Bank of America affiliated with Merrill Lynch?

Merrill Lynch is not a bank and is separate from its FDIC-insured affiliates, which include Bank of America California, N.A., Bank of America, N.A. (hereafter referred to as the “Merrill Lynch Affiliated Banks”) or other depository institutions.

What kind of accounts does Merrill Lynch have?

With no account minimums for most types of accounts, Merrill Lynch Wealth Management is available to nearly anyone. It offers a range of options for investors, ranging from automated accounts handled completely by Merrill Lynch itself to accounts managed by a local financial advisor based on a client’s preferences.

As a Merrill Lynch client, you receive a user-friendly monthly statement that gives you a snapshot of where you stand financially—across both sides of your balance sheet and within each Merrill Lynch account and product type.

How does Merrill Lynch help you make investment decisions?

Your investment strategy can be implemented through an investment advisory account, brokerage account, or a combination of both. We provide key resources and information to help you make informed decisions about your investments, taking into account the types of relationships you can have with us.

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