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Merrill (company) facts for kids

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Merrill, legally Merrill Lynch, Pierce, Fenner & Smith Incorporated and previously known as Merrill Lynch, is an American investing and wealth management division of Bank of America.

Along with BofA Securities, the investment banking arm, both help prime brokerage and broker-dealer activities. The firm is headquartered in New York City, and once occupied the entire 34 stories of 250 Vesey Street, part of the Brookfield Place complex in Manhattan.

Merrill employs over 14,000 financial advisors and manages $2.3 trillion in assets. The company also operates Merrill Edge, an electronic trading platform.

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