Dec included extra trades to hit a specific target of realized capital gains or losses for each of my four sons, and even that brought the total to just 28 for the month. 3. I'm so far from hitting the limit in any account that I don't need to know (and in an interlocking collection of single and joint accounts, with each individual separately qualifying for free trades, the rules are pretty hard to know). Merrill Edge offers Merrill Guided Investing, a robo-advisor, and another managed portfolio — Merrill Guided investing with an advisor — for investors looking to work with professional … I'm new to investing, what should I do? I rolled over my 401k into an IRA and it was a pretty smooth process. I'm not a day trader / stock trader, however. It's annoying and I lose money.) The service is not needed because you can manage your account yourself. Merrill, Merrill Lynch and Merrill Edge investment advisory programs are offered by MLPF&S. Granted, I don't have the account set up with monthly contributions, but still. But I doubt another brokerage would either. On top of the 0.7% itself, they can't go with something so simple because going with something so simple would prove you don't need them. We generally expect that your topic incites responses relating to investing. More often they find ways to invest your money badly to help them make quotas for getting people to invest in things their employer gets money for promoting. That's my take. I'm fairly new to this, however. And if your post should have been a google search then it will likely be removed. Then basically ignore them. Free trades are only for ETFs and Stocks, if you do options you will pay a (fairly hefty) commission, so you want something else for options probably. Merrill Edge was very helpful, including both bending rules and doing all the application for me to qualify for their program of getting a cash bonus for transferring a large balance from a different institution to a Merrill Edge IRA. I didn't see any buying opportunities morning after the election, nor did I see the kind of Merrill Edge slowness that occurs in real buying opportunities. Robo-advisors don’t typically offer clients much access to human advisors… You aren't saying the free trades are limited to ETFs. ditto on slow during key buying opportunities. What a waste. [â][deleted] 3 points4 points5 points 4 years ago (0 children). We are not a politics or general "corporate" news forum. Do a little reading and research about bogleheads 3 fund portfolio and you can invest the money yourself. Likewise if you're asking about a given feature at a broker then direct those questions to the broker not Reddit. Plus, Merrill clients have access to customer support at about 4,300 Bank of America locations. New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. In addition to these accounts, consumers can also invest with a licensed Merrill Edge … Index funds are great for your IRA and 401K. I personally would not recommend index funds for the taxable account of someone whose wealth is at least Bank America's Platinum level. This has been asked and answered many times in the past. But then it was all over before the market opened. I managed to get some of orders in during such events because they were predictable before open and the UI is fine until the market opens on such mornings. 1 Minute Review. The online UI is generally fast and robust. This would include most "ask reddit" style questions. REDDIT and the ALIEN Logo are registered trademarks of reddit inc. π Rendered by PID 26384 on r2-app-0e6b80794032f1b87 at 2021-02-20 08:50:40.301552+00:00 running 8d94f57 country code: US. Posts that are strictly self-interested or intended to "build awareness" are not acceptable. I use Merrill Edge (because of those free trades). I'm new to the investing game and wanted to find out if anyone here has had a positive experience using Merrill Edge's Guided Investing with Advisor? As soon as you provide identifying info, you are switched to the recording that you are outside the hours for premium service. BUT I don't know how much of that is a "captive customer" account effect. Right, I had a brain fart typing that, edited to be correct. When I liquidated securities (both because I wanted to and because Fidelity made it impossible to transfer them) to transfer cash from my Fidelity 401K to my Merrill Edge Roth IRA, Fidelity was a major pain and tacked on fees and delays and excessive paperwork. Off topic comments, attacks or insults will not be tolerated. Merrill Guided Investing requires you to invest at least $5,000, but the minimum goes up to $20,000 if you want help from an advisor. I put a little bit into the Merrill Edge Guided Investing, and honestly, it hasn't made me much money if at all. [â]kpopquiz 0 points1 point2 points 4 years ago (0 children). Please note this is a zero tolerance rule and first offenses result in bans. Just so you don't confuse anyone, you are just saying free trades don't include options. I don't have any terribly big complaints about Merrill Edge. Read full review
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