Company Overview Visit ml.com website
Merrill Lynch is one of the largest wealth management companies in the world.
Merrill Lynch was founded by Charles E. Merrill, a former employee of the National City Bank of New York. Today, it is owned by Bank of America, but was previously an independent company for more than 61 years. Merrill Lynch has more than 16000 financial advisers working for them worldwide and has expanded their businesses to nearly every country across the world allowing them to maintain strong international presence with offices in more than 30 countries worldwide. They also have subsidiaries under their name including Merril Lynch Canada TD Securities , Merril Lynch Private Banking International and many others.
Given its size and range of services offered, they are considered to be one of the biggest companies to work for in terms of compensation. An average financial adviser at Merrill Lynch makes over 1 million dollars a year, and some even make nearly 10 times that.
Merrill Lynch is a popular investment company with a good track record and has been in business since 1914. It provides wealth management, brokerage, and investment advisory services for both individuals and institutional clients through its subsidiaries. The company is headquartered in New York City.