Merrill Edge

Robo Advisor

Merrill Edge is an electronic trading platform provided by BofA Securities, part of Bank of America's retail banking division. Merrill Edge was created to merge Bank of America Online Investing and Merrill Lynch's research, investment tools, and call center counsel.

Investment risk

Medium

Min investment

$5,000

Target return

7% - 10%

Fees

0.45%

Overview

Merrill Edge is an innovative new way to invest online with a personalized experience that can simplify how you choose investments and help you make more informed decisions — so you can manage your portfolio with the tools to help you invest with confidence. The self guided program is a streamlined investing platform giving you access to research and insights, step-by-step guidance and flexible tools. The guided program is an investment advisory program that combines the best features of online investing with a professionally managed portfolio — all at a low cost.

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Why Invest

  • Trade *STOCKS *ETFS *MUTUAL FUNDS *BONDS *OPTIONS *FUTURES
  • Professionally managed portfolio built and managed by Merrill investment professionals
  • Get up to $600 when you invest in a new Merrill Edge Self‑Directed account. Use offer code 600ME

How you make money

Stock price appreciation + dividends. For reference: according to historical records, the average annual return from the S&P Index since its inception in 1926 through 2018 is approximately 10%–11%. The average annual return since adopting 500 stocks into the index in 1957 through 2018 is roughly 8%. Adjusted for inflation, the historical average annual return is around 7%. However, it's important to note that each Robo has their own investment strategy that can influence returns.

How Merrill Edge makes money

Merrill makes money by charging a .45% Annually for access to their robo advisor service.

Is it Safe?

Investing entails risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

Things to know

  • You make money onDividends + Value
  • Fees0.45%
  • Payout frequencyQuarterly
  • Term of investmentZero
  • LiquidityEasy
  • Open toAll Investors

Company

  • Country availabilityUS only
  • Assets under management$1080B
  • Established2010
  • Mobile ApplicationIOS, Android

Investment Return Calculator

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Monthly

Amount invested

$11,000

Total fees

$231.7

Value after fees

$14,136.82

Any references to past performance, regarding financial markets or otherwise, do not indicate or guarantee future results.

Forward-looking statements, including without limitations investment outcomes and projections, are hypothetical and educational in nature. The results of any hypothetical projections can and may differ from actual investment results had the strategies been deployed in actual securities accounts.

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Investment risk

Medium

Min investment

$5,000

Target return

7% - 10%

Fees

0.45%

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