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Merrill Edge investment account


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11 minutes ago, Sanjiv said:

If you maintain a BofA account, you would get some discount on their fees

Neeku unda bhayya?

H1B mida 250k minimum antunnadu

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OP, i have an acount with ML. BOA has some benefits depending upon how much money you hold with them. It's like a tiered system. As ML belongs to BOA, your balance in ML brokerage account counts towards BOA balance as well. Check BOA/ML websites for specifics.

If you don't bank with BOA, consider options like schwab, etrade or fidelity. better UI etc. YMMV

 

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They charge min 1-1.5% commission and just invest in regular funds and do tax loss harvesting. I’m sure if you use some robo advisor on fidelity they also can do the same

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16 hours ago, awaraa said:

benefits enti bro merrill accounts tho

BoA of large amount undakkarledu bro for platinum status. If you have in Merrill as investment, you can still get platinum status in BoA. I think I have cmz and ira accounts, need to check. But basic ga instead of having a large savings account in BoA, it's better to put it as an investment account in Merrill edge.

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