Merrill Edge
| Company type | Division |
|---|---|
| Industry | Financial services |
| Predecessor | Quick & Reilly Group |
| Founded | June 21, 2010 |
Area served | United States |
Key people | Aron Levine |
| Services | Stockbroker Electronic trading platform Wealth management Investment portfolios Investment management Financial planning |
| AUM | US$500 billion (2025) |
Number of employees | 4,000 |
| Parent | Bank of America |
| Website | www |
Merrill Edge is an electronic trading platform and investment advisory service for investing in financial assets, including stocks, bonds, exchange-traded funds, margin lending, mutual funds, and options. It is a subsidiary of Bank of America and was launched in 2010.
As of January 2025, Merrill Edge held $500 billion in assets under management from over 4 million clients, and employed 4,000 advisors working in bank branches and call centers. The firm focuses on the mass affluent market. Merrill Edge receives revenue from interest income on cash and margin balances, commissions for order execution, management services, and it does not engage in payment for order flow.
The company offers various account types as well as investment advisory services, robo-advisors, the MarketPro technical analysis software, and cash management.
It does not provide access to alternative investments, such as cryptocurrency, foreign exchange markets or futures contracts, international markets or penny stocks. Fractional share trading is not available.