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This document is a quarterly report filed by Merrill Lynch & Co., Inc. covering financial information for the period ended March 31, 2011, including earnings, balance sheets, cash flows, and discussion
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What is the Merrill Lynch controversy?
Alleged Failure to Disclose Production Credit Fee for Wrap Accounts. On April 3, 2023, the SEC alleged that Merrill Lynch failed to disclose a fee called a “production credit” associated with wrap accounts. These undisclosed fees allegedly totaled approximately $4.1 million across 4,874 advisory accounts.
Who is the parent company of Merrill Lynch?
Corporation affiliates include all entities that utilize the , Banc of America, Private Bank, U.S. Trust, Merrill and BofA Securities brand names.
What has happened to Merrill Lynch?
What Is Merrill Lynch & Co.? Merrill Lynch & Co. is the former name of a prominent Wall Street investment firm. Since its acquisition by (BAC) in 2009, it has become known simply as “Merrill” and operates as a wealth management division of . Founded by Charles E.
Is your money safe with Merrill Lynch?
Your assets held at Merrill are protected by the Securities Investor Protection Corporation.
What Bank owns Merrill Lynch?
Insurance and annuity products are offered through Merrill Lynch Life Agency Inc., a licensed insurance agency and wholly owned subsidiary of Corporation.
What Bank is Merrill Lynch affiliated with?
Merrill / Parent organization
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What is MERRILL LYNCH & CO., INC.?
MERRILL LYNCH & CO., INC. is a global financial services firm and a subsidiary of Bank of America, providing investment banking, wealth management, and financial advisory services.
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Entities that are engaged in investment advisory or investment banking activities are typically required to file with MERRILL LYNCH & CO., INC., including both individuals and institutions involved in financial transactions.
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To fill out MERRILL LYNCH & CO., INC., individuals or entities must provide detailed financial information, investment goals, and personal identification data as per the standardized forms provided by the firm.
What is the purpose of MERRILL LYNCH & CO., INC.?
The purpose of MERRILL LYNCH & CO., INC. is to offer comprehensive financial solutions, including investment strategies, risk management, and wealth management services to its clients.
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The information that must be reported includes client financial data, investment preferences, risk tolerance levels, and any relevant personal and financial disclosures required by regulatory standards.
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