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Merrill Edge offers a wide range of investment products, including stocks, bonds, exchange-traded funds (ETFs), margin lending, mutual funds, and options. As of 2022, Merrill Edge held $320 billion in assets from 3.5 million clients, [1] and employed 4,000 advisors working in bank branches and call centers. The firm focuses on the mass affluent ...
Money market funds vs. money market accounts You may have seen banks or credit unions reference money market accounts and wondered if these are the same thing as money market funds. The answer is no.
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The company was founded on January 6, 1914, when Charles E. Merrill opened Charles E. Merrill & Co. for business at 7 Wall Street in New York City. [11] A few months later, Merrill's friend, Edmund C. Lynch, joined him, and in 1915 the name was officially changed to Merrill, Lynch & Co. [12] At that time, the firm's name included a comma between Merrill and Lynch, which was dropped in 1938. [13]
At that time, the firm's name included a comma between Merrill and Lynch, which was dropped in 1938. [3] In 1916, Winthrop H. Smith joined the firm. Michael G. Ricciardi served as the head of the private equity funds group at Merrill Lynch & Co. [4] [5] Merrill Lynch logo c. 1917. In 1921, the company purchased Pathé Exchange, which later ...
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