If you’ve been thinking about directing some of your investments yourself, you’re not alone. These days, more than 76% of affluent investors using an advisor also maintain a direct account.1
If you’re interested in online investing for yourself — or perhaps for your children — Merrill Edge® could make a lot of sense. And, as a U.S. Trust client, the account offers a number of benefits:
• Free online equity and exchange-traded funds (ETFs), up to 100 per month. After 100, the cost is only $6.95 for each trade. Other fees may apply.2,3
• Merrill Edge premium services, offering a higher level of service, with priority access to a team of experienced investment support representatives, 24 hours a day, seven days a week.
• Merrill Edge MarketPro®, a fully customizable trading platform, featuring real-time market data, streaming news, watchlists, advanced charting and other tools.
• Independent research from Dow Jones & Company, Morningstar, S&P Capital IQ and others, plus access to BofA Merrill Lynch Global Research, ranked No. 1 by Institutional Investor for the fourth year in a row in 2014.4
• Simplified investment selection with streamlined lists of stocks, ETFs and mutual funds evaluated by Merrill Lynch research and analytics teams.
• One log-in to view your Merrill Edge investment, U.S. Trust and Bank of America bank accounts online.
• Real-time transfers allowing you to instantly move funds between your Merrill Edge investment and Bank of America accounts.5
Merrill Edge is proud of its industry accolades, including 4 out of 5 stars from Barron’s 2014 and 2015 Best Online Broker Reviews;6 and being listed as one of the best online brokers in 2014 by Kiplinger’s Personal Finance, receiving 5 out of 5 stars for tools, 4.5 out of 5 stars for website and 4 out of 5 stars for mobile.7
If you’re interested, please contact your U.S. Trust advisor or sign up online at merrilledge.com and automatically receive all U.S. Trust benefits.
Merrill Edge is available through Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S), and consists of the Merrill Edge Advisory Center (investment guidance) and self-directed online investing.
MLPF&S is a registered broker-dealer, member SIPC and a wholly owned subsidiary of Bank of America Corporation.
Investing involves risk. There is always the potential of losing money when you invest in securities.
Always consult with your independent attorney, tax advisor, investment manager and insurance agent for final recommendations and before changing or implementing any financial, tax or estate planning strategy.
OTHER IMPORTANT INFORMATION
1 The Cerulli Report: The Evolving Retail Direct & Discount Brokerage Market: Distributing through Third-Party Platforms, Cerulli Associates, page 59, 2011.
2 $0 trades are only available with an individual or joint Merrill Edge self-directed brokerage account. When placing a trade, Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S) determines whether you meet the balance or relationship requirements to qualify that trade for the $0 waiver. To determine the number of qualifying trades, MLPF&S adds the qualifying trades in your individual accounts and joint accounts. Commission fees apply when qualification requirements are not met, or when you exceed the number of qualifying trades a month. Brokerage fees associated with, but not limited to, margin transactions, option trading, special stock registration/gifting, account transfer and processing, research request and termination apply. a) Commissions are waived for 30 online equity trades each month including stock and exchange-traded funds (ETFs) on behalf of MLPF&S, for customers who meet any one of the following criteria: i) Combined total of $25,000 or more in your deposit accounts at Bank of America, N.A. MLPF&S adds the average collected balances in your deposit accounts as of the prior month to the balances in your bank CD and IRAs as of the prior business day. Bank deposit accounts with the same Social Security number (SSN) as the SSN(s) on the self-directed brokerage account are systematically included in the balance determination. Standard deposit account fees apply. ii) Or combined balance of $25,000 or more in cash balances in one or more of the following sweep options in your Merrill Edge self-directed account(s) as of the prior business day: Bank Deposit Accounts sweep option with your Cash Management Account® (CMA®)- Retirement Assets Savings Program II sweep with your IRA. iii) Or Client of U.S. Trust iv) Or Client of Platinum Privileges. v) Or Client of Preferred Rewards Platinum. b) Commissions are waived for 100 online equity trades each month including stock and ETFs on behalf of MLPF&S, for customers who meet any one of the following criteria: i) A Client of Preferred Rewards Platinum Honors ii) Or Client of Banking Rewards Wealth Management U.S. Trust. This offer does not apply to Business/Corporate Accounts, Investment Club Accounts, Partnership Accounts and certain fiduciary accounts held at MLPF&S. Other fees and restrictions may apply. Relationship requirements and pricing are subject to change and/or termination without advance notice. To learn more about the ways to qualify for $0 trades, call 1.888.MER.EDGE (1.888.637.3343).
3 Other management and transaction fees may apply. In addition to your stock, ETF or option commission, sell orders may also be subject to a transaction fee (of between $0.01 to $0.03 per $1,000 of principal). If applicable, this fee appears under “Transaction Fee” on a Trade Confirmation. There are other fees associated with investing in ETFs, read the “Expenses & Charges” sections of the prospectus to find out what they are. Contact us to obtain a prospectus.
4 2014 Institutional Investor methodology: The Top Global Research Firms ranking lists sell-side research providers by the combined total number of positions each earns across Institutional Investor’s 12 annual research team surveys.
5 Certain banking and brokerage accounts may be ineligible for real-time money movement, including but not limited to transfers to/from bank IRAs (CD, Money Market), 529s, SafeBalance Banking®, Credit Cards and transfers from IRAs, Loans (HELOC, LOC, Mortgage) and accounts held in the military bank. Accounts eligible for real-time transfers will be displayed online in the to/from drop down menu on the transfer screen.
6 Merrill Edge was evaluated against 18 others in the Barron’s 2015 Best Online Broker Survey, March 7, 2015. Learn more at http://webreprints.djreprints.com/50485.html. Barron’s is a trademark of Dow Jones & Co., L.P. All rights reserved. Reprinted with permission of Barron’s.
7 Merrill Edge was named by Kiplinger’s Personal Finance as one of the ten “Best Online Brokers,” December, 2014. To be included, firms had to offer online trading of stocks, ETFs, mutual funds and bonds. Learn more at http://www.kiplinger.com/article/investing/T052-C000-S002-best-online-brokers-2014.html. From Kiplinger’s Personal Finance, December 2014. ©2014 The Kiplinger Washington Editors. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited.