Kiplinger’s Personal Finance publication awarded Merrill Edge a No. 1 ranking in its 2017 Best Online Brokers list in a tie with Fidelity. This accolade highlights Merrill Edge’s commitment to supporting and empowering clients throughout their financial lives by delivering extraordinary service and care.
In the ranking, Merrill Edge earned 4.5 stars out of 5 overall. It received 5 out of 5 stars for its tools and research; 4.5 out of 5 for its mobile platform; and 4 out of 5 stars for total commissions and ease of use.
"We are proud of this ranking from one of the industry’s premier publications,” said Aron Levine, head of Consumer Banking and Merrill Edge. “This ranking demonstrates our commitment to connecting investors to their goals and giving them the flexibility to invest when and how it is convenient for them, no matter where they are in life.”
Merrill Edge also won recognition as the “Best for Active Stock Traders.” Key differentiators contributing to this recognition include the platform’s research and tools, which offer screeners for funds and stocks; Morningstar’s Portfolio X-Ray; and the opportunity for Preferred Rewards clients to receive up to 100 commission-free online stock and ETF trades.
This year, Merrill Edge earned a half star more than last year and moved up from its second-place ranking in the Kiplinger’s Personal Finance 2016 “Best Online Brokers” ranking. In 2017, Merrill Edge has received a number of awards recognizing the firm’s customer service, banking services and research amenities, including the 2017 Barron’s Best Online Broker Survey and 2017 StockBrokers.com Annual Review.
“Receiving this recognition from Kiplinger’s in the same year we launched our new online investing platform, Merrill Edge Guided Investing, is a huge win,” said David Poole, head of Merrill Edge Advisory and Client Services. “We aim to give our clients the best investment tools in the industry, and we’re looking forward to continuing to provide investors the most intuitive and innovative tools to pursue their financial goals.”
Merrill Edge is a streamlined investment service that provides access to the investment insights of Merrill Lynch and the convenience of Bank of America banking. With Merrill Edge, clients can view their Merrill Edge investment and Bank of America bank accounts on one page online. They also have access to easy-to-use tools, actionable insights, one-on-one guidance and competitive pricing for online trades.
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small business relationships with approximately 4,500 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 34 million active users, including 23 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
Merrill Edge was named by Kiplinger’s Personal Finance as one of the seven “Best Online Brokers,” October 2017. To be included, firms had to offer online trading of stocks, ETFs, funds and individual bonds. Learn more at http://www.kiplinger.com/slideshow/investing/T023-S002-best-online-brokers-2017/index.html from Kiplinger's Personal Finance, October 2017 © 2017 The Kiplinger Washington Editors. Used under license.
Neither Merrill Lynch nor any of its affiliates or financial advisors provide legal, tax or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.
Banking products are provided by Bank of America, N.A., and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation.
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 wholly owned subsidiary of Bank of America Corporation.
MLPF&S and Managed Account Advisors LLC (MAA) are registered investment advisers. Investment adviser registration does not imply a certain level of skill or training.
Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value
© 2017 Bank of America Corporation. All rights reserved.
Reporters May Contact:
Susan Atran, Bank of America