Bank of America today announced that Merrill Edge has been designated a top online stock broker for 2017 by NerdWallet, as part of the personal finance site’s 2017 “Best-of Awards” program for investing. The online brokerage was lauded for its stock trading services and ranked as one of two investment firms for the best in the “Research” category.
“We’re proud to receive this prestigious recognition for our research tools,” said Aron Levine, head of Merrill Edge. “With so many resources in our increasingly digitalized world, we understand that research is an essential component in helping our customers make the most informed investment decisions.”
“The investment firms we chose this year have consistently gone above and beyond to meet consumer needs,” said Kyle Ramsay, CFA, and head of investing and retirement for NerdWallet. “From providing free, premium research that informs stock trading decisions, to offering low-cost investment options, these recipients truly stand out among their competition. Because we realize that each consumer’s investing needs are unique, we’ve identified winners for 2017 that offer high-quality services to a wide variety of investor types.”
In its second year, the NerdWallet “Best-of Awards” program recognizes industry-leading options for consumers across a variety of financial products, including online stock brokers and robo-advisors. NerdWallet bases ratings on objective quantitative and qualitative analysis on some of the most important factors for investors, such as commissions, fees and software platforms.
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. If clients prefer to receive advice and guidance to pursue and track financial goals, Merrill Edge Roadmap® allows them to work one-on-one with a Merrill Edge Financial Solutions Advisor to develop a personalized action plan and receive specific investment recommendations tailored to them and their personal goals.
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 4,600 retail financial centers, approximately 16,000 ATMs, and award-winning online banking with approximately 34 million active accounts and more than 21 million mobile active 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.
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Andy Aldridge, Bank of America