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TMCNet:  Merrill Lynch Launches Mobile Brokerage Applications for iPhone, iPad, and BlackBerry Devices

[March 09, 2011]

Merrill Lynch Launches Mobile Brokerage Applications for iPhone, iPad, and BlackBerry Devices

NEW YORK --(Business Wire)--

Merrill Lynch today announced the launch of mobile applications on iPhone, iPad, and BlackBerry (News - Alert) devices for clients of Merrill Lynch Wealth Management and Merrill Edge.

"We continue to listen to clients and develop services that make managing their financial lives easier," said Paul Fox, head of Merrill Lynch Online Platforms. "Now they have access to their account information and have the ability to perform transactions anytime, and from anywhere."

Using the mobile apps, clients can:

  • View their portfolio, holdings, and account activity.
  • Move money between linked Merrill Lynch brokerage and Bank of America N.A. banking accounts.
  • Trade, stocks, mutual funds, ETFs and options in approved accounts.
  • Track the latest market news and headlines.
  • Customize their watch lists, alerts, and other online features.

The iPad app offers even more compelling features, including personalized dashboards and access to the latest research reports from BofA Merrill Lynch Global Research.

"Our mass affluent investors have consistently told us that they want to interact with us at their convenience and want multiple, coordinated access and entry points," said Alok Prasad, head of Merrill Edge. "These new applications will give them the control and flexibility they seek and help them make confident financial decisions."

"The delivery of these new capabilities reflects our ongoing commitment to create value for our clients through the strategic, innovative use of technology," said Chris Randazzo, head of Global Wealth Management Technology.

The release of the mobile applications marks the latest step in the evolution of Merrill Lynch's brokerage offerings on the web, which began with the launch of in 2009 and continued with the unveiling of last year. These new brokerage applications complement the existing banking apps available through Bank of America.

How Do I Get the Apps?

You can download the MyMerrill and Merrill Edge apps for the iPhone (News - Alert) and iPad directly from the iTunes App Store (

BlackBerry users can download the MyMerrill and Merrill Edge apps directly from their Merrill Lynch website.

Bank of America

Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 57 million consumer and small business relationships with more than 5,800 retail banking offices and approximately 18,000 ATMs and award-winning online banking with 29 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

Merrill Lynch, Pierce, Fenner & Smith Incorporated offers a broad range of brokerage, investment advisory (including financial planning), banking, trust and other financial services and products. The nature and degree of advice and assistance provided, the fees charged, and client rights and Merrill Lynch's obligations will differ among these services.

Merrill Lynch Wealth Management makes available products and services offered by Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S) and other subsidiaries of Bank of America Corporation. Bank of America Merrill Lynch is a marketing name for the Retirement & Philanthropic Services (RPS) businesses of Bank of America Corporation. Banking and fiduciary activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Brokerage services are performed globally by brokerage affiliates of Bank of America Corporation, including MLPF&S.

Merrill Edge is the marketing name for two businesses: Merrill Edge Advisory Center, which offers team-based advice and guidance brokerage services; and a self-directed online investing platform. Both are made available through Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S).

MLPF&S is a registered broker-dealer, Member SIPC and a wholly owned subsidiary of Bank of America Corporation.

Investment products:

Are Not FDIC Insured   Are Not Bank Guaranteed   May Lose Value

© 2011 Bank of America Corporation. All rights reserved.

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