Merrill Lynch is the wealth management division of Bank of America. With over 15,000 financial advisors and $2.2 trillion in client assets, it is the world's largest brokerage. Formerly known as Merrill Lynch & Co., Inc., prior to 2009 the firm was publicly owned and traded on the New York Stock Exchange under the ticker symbol MER. Merrill agreed to a purchase by Bank of America on September 14, 2008, at the height of the 2008 Financial Crisis. It ceased to exist as a separate entity in January 2009. This article describes both the historical Merrill Lynch and its ongoing operations as a...
|Founded:||January 6, 1914|
|Founders:||Charles E. Merrill|
|Headquarters:||New York City, New York|
|Legal structure:||Publicly listed company|
|Industries:||Financial Services, Security Brokers, Dealers, and Flotation Companies, Investment banking, Finance|