Merrill A Bank of America CompanyMerrill A Bank of America Company Secured Opening an investment account online is simple, secure and only takes minutes. Back Back Back Back iEnjoy tax advantages andhigh contribution limits Back BackBack Back Back Back Back Back Back Back iPay no tax on earningsuntil you make withdrawals iUse after-tax earnings tolater withdraw funds tax-free Skip this question Merrill, its affiliates, and financial advisors do not provide legal, tax or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions. Back Back Back Back Back Back Back Back Back Back Back Back Back Back Back Back Or manage your own investments and pay no annual fee Open a self-directed account instead Or manage your own investments and pay no annual fee Open a self-directed account instead Or manage your own investments and pay no annual fee Open a self-directed account instead Or manage your own investments and pay no annual fee Open a self-directed account instead Or manage your own investments and pay no annual fee Open a self-directed account instead Back Continue online Schedule an appointment 855.488.5245 Back Back Back Back Back Back Back Back Back Back Back Manage your own investments and pursue your financial goals through a personal account. Open now Prefer to have this account managed for you? See if you qualify An Investment Advisory Program Have your portfolio built and managed by Merrill with a minimum investment of $ 1,000 NEW OFFER$0 program fee for 6 months for new enrollmentsFootnote1 Open now Must use offer code: 6FREE View offer termspopup Benefit from the potential to earn tax-free income and greater withdrawal flexibility in retirement. Open now Prefer to have this account managed for you? See if you qualify Benefit from the potential to reduce current taxes, while enjoying tax-deferred growth potential (contributions may be tax deductible). Open now Prefer to have this account managed for you? See if you qualify Maintain your traditional 401(k) or 403(b) retirement plan's tax-deferred status while consolidating your assets. Open now Maintain your retirement plan's tax-deferred status while consolidating your assets. Open now Prefer to have this account managed for you? See if you qualify Enjoy tax advantages, diverse investment options and high contribution limits to help you save for future education expenses. Open now Manage your own investments and pursue your financial goals through an account with up to four owners. Open now Prefer to have this account managed for you? See if you qualify Set aside money on behalf of a minor to pay for education or other expenses. Open now Prefer to have this account managed for you? See if you qualify Benefit from the flexibility to contribute as your cash flow allows, with contribution limits nearly 10 times higher than a traditional IRA. Open now Prefer to have this account managed for you? See if you qualify Roth IRA Don't see what you're looking for? We'll help you find the right account. MAP6139857-01312025 Need help? Call 888.637.3343What are you investing for?
General investingRetirementEducationHow do you want your account to be managed?
I'll select my own investmentsI prefer a portfolio that's managed for meIt's smart to plan ahead. Tell us a little more.
I'm moving assets from an existing retirement accountI'm opening a new retirement accountThis will be a retirement account through my small businessIt's smart to plan ahead. Tell us a little more.
This account will only be used for education-related expenses
Who will need access to this account?
Just meTwo or more individualsJust me, on behalf of a minorHow do you want your account managed following your rollover?
I'll select my own investmentsI prefer a portfolio that's managed for meHow do you want your account to be managed?
I'll select my own investmentsI prefer a portfolio that's managed for meHow do you want your account to be managed?
I'll select my own investmentsI prefer a portfolio that's managed for meHow do you want your account to be managed?
I'll select my own investmentsI prefer a portfolio that's managed for meHow do you want your account to be managed?
I'll select my own investmentsI prefer a portfolio that's managed for meWhich best describes your business right now?
I'm self-employedI have employeesI am an employeeWhat type of retirement account are you moving assets from?
An employer plan, such as a 401(k) or 403(b)Traditional IRARoth IRASEP or SIMPLE PlanWhen do you plan to pay taxes?
When I make withdrawals
As I contribute
Will your business contribute to employees' accounts?
Yes, the business will make contributionsI'm not sure, but I'd like the option to decide annuallyHow much will you invest to start?
Between $1,000 and $20,000At least $20,000Starting with less than $1,000?
Open a self-directed account insteadOpen a self-directed account insteadHow much will you invest to start?
Between $1,000 and $20,000At least $20,000Starting with less than $1,000?
Open a self-directed account insteadHow much will you contribute to start?
Between $1,000 and $20,000At least $20,000Starting with less than $1,000?
Open a self-directed account insteadHow much will you contribute to start?
Between $1,000 and $20,000At least $20,000Starting with less than $1,000?
Open a self-directed account insteadHow much will you contribute to start?
Between $1,000 and $20,000At least $20,000Starting with less than $1,000?
Open a self-directed account insteadHow much will you contribute to start?
Between $1,000 and $20,000At least $20,000Starting with less than $1,000?
Open a self-directed account insteadGreat! Let's get you started:
Get started with a Financial Solutions Advisor
Get started with our online application, then review your financial picture with an advisor.
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Select an account to continue
Great! Based on your responses, this account may be right for you:
Great! Based on your responses, these accounts may be right for you:
You'll need to open a matching IRA before moving assets. This account may be right for you:
You'll need to open a matching IRA before moving assets. One of these accounts may be right for you:
You're almost there! Based on your responses, these plans may best match your business:
You're almost there! Based on your responses, this plan may best match your business:
If you're unsure what type of retirement account to open, please ask your employer.
Individual brokerage account
Merrill Guided Investing
*Conditions and other fees applyRoth IRA
Traditional IRA
Traditional IRA
Rollover
NextGen 529 Plan
Joint brokerage account
Custodial Brokerage (UGMA/UTMA)
SEP IRA
Moving assets from a Roth 401(k) or Roth 403(b)?
Choose a Roth IRA instead
FAQs
Is Merrill Edge good for beginners? ›
Beginner and intermediate DIY investors will be well-served by Merrill Edge's technology and range of services. As an online brokerage, Merrill Edge offers a comprehensive platform with adequate technical and fundamental tools suitable for long-term investors and casual traders.
How much do I need to open a Merrill Edge account? ›Frequently Asked Questions. How much do I need to open an investment account? For clients who want to make their own investment decisions, Merrill Edge offers simple flat-rate pricing with no minimum balance and no trade minimums.
What investments does Merrill Edge offer? ›You can invest your way with access to a wide range of stocks, bonds, ETFs and well-known mutual funds. Enjoy unlimited $0 online stock, ETF and option trades, with no annual account fees or balance minimums. Options contract and other fees may apply.
How to open a Merrill Lynch investment account? ›Verify your date of birth (and update if necessary) and provide employment information. Choose whether to make your name and address available to companies in which you hold stock for proxy purposes. Complete your tax certification. Agree to the terms and conditions of the account.
Which trading is best for beginners? ›Overview: Swing trading is an excellent starting point for beginners. It strikes a balance between the fast-paced day trading and long-term investing.
Is my money safe at Merrill Edge? ›Is my account insured? Your brokerage accounts are not FDIC insured, but rather accounts held with Merrill are SIPC insured. SIPC insurance covers your account up to $500,000 in equity with up to $250,000 in cash. Coverage above SIPC limits is covered by Lloyd's of London.
Does Merrill Edge charge a monthly fee? ›What are the costs and fees? Your Merrill Edge Self-Directed account has unlimited $0 online stock, ETF and option trades with no trade or balance minimums. Options contract and other fees may apply. Merrill Edge Self-Directed accounts have no minimum balance requirement and no annual account fee.
Can I withdraw money from my Merrill Edge account? ›No worries - Merrill Edge is a reliable broker that lets you access your funds any time. You can use only bank transfers to withdraw funds. Withdrawal can be a bit slow, often taking 3 or more days.
How long does it take to open a Merrill Edge account? ›You can open an investment account online in less than 15 minutes. Or speak with Merrill Financial Solutions Advisors at 888. MER. EDGE (888.637.
How much money do you need to invest with Merrill? ›There is no minimum deposit necessary to join Merrill Edge, and the firm does not charge annual account fees. BoA Preferred Rewards members receive access to the firm's proprietary Merrill Edge MarketPro® investment research service if they reach the “Platinum” or “Platinum Honors” tiers.
How do I deposit money into my Merrill Edge account? ›
- Transfer Cash. Real-time 1 or Up to 3 business days. Fund instantly from your eligible linked Bank of America or Merrill account or. ...
- Wire transfer. Same day. ...
- Write a check. 3-5 business days. ...
- Transfer accounts or securities. 8+ business days. ...
- Rollover into an IRA. 10+ business days.
Merrill provides the connected experiences, intuitive tools, investment insights and relationship rewards to empower your financial future.
Are my investments safe at Merrill Lynch? ›Any assets you hold in your Merrill Cash Management Account ® (CMA account) are protected by the Securities Investor Protection Corporation (SIPC). The SIPC provides up to $500,000 of account protection per client, inclusive of up to $250,000 for cash.
What is the best way to open an investment account? ›- Determine the type of brokerage account you need.
- Compare the costs and incentives.
- Consider the services and conveniences offered.
- Decide on a brokerage firm.
- Fill out the new account application.
- Fund the account.
- Start researching investments.
Merrill's research and education offerings shine. In fact, the site includes Bank of America's award-winning global research. Merrill Lynch also offers ratings and rankings from Morningstar and CFRA.
How long does it take for Merrill Edge to settle? ›Settlement is when a transaction is finalized and the cash or securities are formally in your account. Most trades settle two days after they are placed. This is sometimes called "T+2," or trade date plus two business days.
Is Merrill Edge good for day trading? ›Merrill Edge offers everyday investors access to everything they need (and more) to manage an investment portfolio through the Merrill Edge website. For active traders, Merrill Edge offers its MarketPro desktop trading platform, which is feature-rich but not suitable for day trading.
Can you day trade with Merrill Edge? ›Yes, all day trades are subject to day trade requirements. However, if you make four day trades in a five-day period, you're classified as a pattern day trader and subject to specific margin requirements.
How much money do you need to invest with Merrill Lynch? ›Merrill Lynch Financial Advisors is the advisory service associated with Merrill Edge. The firm requires a $20,000 minimum investment, and it comes with a 0.85% annual management fee.