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Frequently Asked Questions

Does Merrill Lynch sell life insurance?

Now Merrill Lynch is in a partnership with AEGON to sell their life insurance products under the company, Transamerica Advisors Life Insurance Company, based in Little Rock, Arkansas.

Is Merrill Lynch a brokerage?

Online investing streamlined. Merrill Lynch offers a broad range of brokerage, investment advisory (including financial planning) and other services. There are important differences between brokerage and investment advisory services, including the type of advice and assistance provided, the fees charged, and the rights and obligations of the parties.

What does Merrill Lynch offer?

One of the biggest names in the financial services industry, Merrill Lynch (Merrill Lynch AUM) offers simple and affordable investment options. A 2008 merger with Bank of America helped the famed brokerage house avoid bankruptcy, cut costs, and improve customer service at the same time.

Is Merrill Lynch a bank?

"Bank of America Merrill Lynch" is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC.

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