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Merrill Lynch, Pierce, Fenner & Smith incorporated an investment and wealth management subsidiary of 'Bank of America' engaged in prime brokerage and broker-dealer activities, and operates its electric trading platform known as Merrill Edge. The company establishment was laid forth by founders Charles E. Merrill and Edmund C. Lynch in 1914. Its full range of investment options including stocks, bonds, ETFs, and mutual funds are designed personally for each client to provide them a streamlined experience and help them to make informed decisions and manage their portfolio. Merrill Edge rises to prominence on the strength of its network, financial advisors and sheer determination to be the industry’s leading investment banker. Featured positions are offered to new employees and freshers who are interested to join Merrill at any of their global offices, as an investment banker, financial advisor, accountant professional or among the various open positions.
Departments
What departments Merrill Edge employees work at?
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Similar companies
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Commercial Banking Companies
Large size
Commercial Banking Companies
Large size
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Team
Professional experience
Professional Growth
How many years of experience do Merrill Edge employees have before joining?
Years of experience at Merrill Edge: Newcomers: 30%, Experiencers: 22%, Experts: 21%, Veterans: 27%. Merrill Edge employees have less than 3 years experience on average before joining.
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Professional Growth
Where did Merrill Edge employees work before joining?
Where they've worked before Merrill Edge: AXA Advisors, Bank of America, Charles Schwab. Typical Merrill Edge employees have worked at AXA Advisors.
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AXA Advisors
Bank of America
Charles Schwab
Professional Growth
What industries did Merrill Edge employees work in previously?
Industry Background: The most typical industries of Merrill Edge: Commercial Banking Companies, Insurance Agency & Brokerage Firms, Finance & Insurance Companies, Investing Companies, Investment Banking & Securities Brokerage Firms. Merrill Edge employees most likely come from a Commercial Banking Companies industry background.
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Professional Growth
Where did Merrill Edge employees work before joining?
Past employers' size at Merrill Edge: Small: 22%, Medium: 8%, Large: 70%. Most Merrill Edge employees have previously worked at large companies.
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Educational background
Educational background
What did employees at Merrill Edge study?
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Top educational institutions
Where did employees at Merrill Edge study?
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Employee data
Professional Growth
How long do people stay in a role at Merrill Edge?
Time employed at Merrill Edge: <1: 13%, 1-3: 45%, 4-8: 39%, 9-13: 3%, 14-20: 0%, 20+: 0%. Most Merrill Edge employees stay with the company for 1-3 years which is less than the industry average.
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Culture & Values
How does Merrill Edge rank for age & gender diversity?
Gender ratio at Merrill Edge: 79.8% Male and 20.2% Female. Age ratio at Merrill Edge: 16-20: 0%, 21-30: 56%, 31-40: 30%, 41-50: 9%, 51-60: 4%, 60+: 1%. Merrill Edge rates - 22.8% less female than the industry average. Most Merrill Edge employees are 21-30, which is below the industry median age range.
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Professional Growth
What are the top roles at Merrill Edge?
Top roles of Merrill Edge: Financial Solutions Advisor, Vice President, Investment Specialist, Financial Advisor, Client Relationship Consultant. The top role at Merrill Edge is Financial Solutions Advisor.
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Financial Solutions Advisor
Vice President
Investment Specialist
Financial Advisor
Client Relationship Consultant
Career advancement
Professional Growth
How does Merrill Edge rank for career advancement?
Career advancement at Merrill Edge: high. Merrill Edge ranks high for career advancement which is above the industry average.
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Professional Growth
What companies do Merrill Edge employees go on to work at?
Future employers of Merrill Edge: Bank of America, Bank of America Merrill Lynch, Fidelity Investments, Merrill Lynch, Morgan Stanley. People who work at Merrill Edge most typically go on to work for the Bank of America.
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Bank of America
Bank of America Merrill Lynch
Fidelity Investments
Merrill Lynch
Morgan Stanley
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Discussion about Merrill Edge
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Share your thoughts and ideas about Merrill Edge with others in our community.
What’s the gender distribution at Merrill Edge?
Benjamin Gardner4 years ago
20.2% female, 79.8% male.
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When was Merrill Edge founded?
Sophie Hayes4 years ago
2010.
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What industry does Merrill Edge fall under?
Liam Brown4 years ago
Accounting/Finance.
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Where’s Merrill Edge’s HQ located?
Sophie Hayes4 years ago
Pennington, NJ.
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What is the annual revenue of Merrill Edge?
Isabella Holmes4 years ago
$100m to $500m.
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What companies are affiliated with Merrill Edge?
Liam Brown4 years ago
Bank of America.
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Who is the CEO of Merrill Edge?
Sophie Hayes4 years ago
David Darnell.
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How long do people usually work for Merrill Edge?
Isabella Holmes4 years ago
1-3 year(s).
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what kind of companies did Merrill Edge employees work for?
Liam Brown4 years ago
Large companies before Merrill Edge.
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what are the chances of career advancement at Merrill Edge?
Liam Brown4 years ago
i think high.
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Top future employers of Merrill Edge employees?
Liam Brown4 years ago
Bank of America, Bank of America Merrill Lynch, Fidelity Investments, Merrill Lynch, Morgan Stanley, Scottrade, TD Ameritrade, Wells Fargo Advisors.
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Where did employees work before joining Merrill Edge?
Liam Brown4 years ago
AXA Advisors, Bank of America, Charles Schwab, Edward Jones, Fidelity Investments, Merrill Lynch, Morgan Stanley, Wells Fargo.
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How old are Merrill Edge’s employees in general?
Benjamin Gardner4 years ago
around 21-30.
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Where did most of Merrill Edge employees go to school?
Isabella Holmes4 years ago
Arizona State University-Tempe, Florida State University, University of Florida, University of North Florida, University of Phoenix-Utah.
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I heard the benefits are comprehensive and competitive 😇
A year ago
This is the second place I'm working and I think the benefits are great compared to that of my former company
A year ago
Basic benefits like health and insurance, and then provide tuition reimbursement, paid vacations and 5% 401(k) match and extra 2% yearly, others too...🤗
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Wanna know what kind of retirement plans they offer
A year ago
Roth IRA, traditional IRA and rollover 💗
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Wanna know what kind of services they offer
2 years ago
visit their website to understand all of their services
2 years ago
saving plans for college or retirement
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A friend say that they have background checks
A year ago
they check the references so dont lie on ur resume
A year ago
Criminal and credit check is run 👍
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please name a few pros of working here
A year ago
not very fond of the management
A year ago
Great benefits, forever greatful! 🙏
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How related is this company with Merrill Lynch? I'm confused ☹
A year ago
It's a bit complex to be explained. But their closely related. Their under the Bank of America 😁
A year ago
Hey! we are not talking Merrill Lynch here. You could make a research and understand better BTW🙂
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share what kind of questions to expect for an interview
A year ago
very position & work based questions 🙋
A year ago
tell us about your duties in your past workplace
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please let me know if we get a 401K & a retirement plan
2 years ago
Very nice retirement plan
2 years ago
Company matched 401K
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My sister told me they give maternity leaves ☺
2 years ago
16 weeks I tell you 😊
2 years ago
I don't know but that sounds great 😀
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Praying that the pace of work is good
A year ago
there are times when it is pretty fast paced
A year ago
Its fast paced 💨
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Can anyone tell me about their sick leave policy
A year ago
while most companies do 3 days, here it is 10 days!
A year ago
Thankful for the number of sick days 😇
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it would be great to know about the hiring proces
A year ago
there were a couple of interviews for me
A year ago
I hear that the number of interview depend on the position
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I don't know why there isn't a work from home option 😑
2 years ago
You can't work hybrid either😐
2 years ago
I hope they work on that😤
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can anyone let me know if we can transfer to a dfferent location
A year ago
seems to me that iits possible
A year ago
I think our manager was trasferred from a different location 🤔
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im told they help women succeed at work with various tools
2 years ago
Love the women's next level leadership program
2 years ago
there is an ERG called LEAD for women only
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i wonder what dress code is followed at work 💭
2 years ago
Business formal
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A friend said that their support for prefessional development is great
A year ago
the company always encourages continued education of its employees
A year ago
the performance review is great way to help us better ourselves 🤠
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it woud be nice to know what the vacation policy is like
2 years ago
20 days
2 years ago
you can also buy a week worth of vacation time
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Do I need any degree or sth to work with the company?
A year ago
Mostly a bachelor if science degree in accounting or finance programs. But there are jobs you'd get without having any degree👍
A year ago
Provided you have experience and your highschool level of education, you'll def meet the requirements of some jobs✅
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I wonder if the company is military friendly 🤔
2 years ago
They are both military and veteran friendly
A year ago
yes that is correct
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wanna know what kind of investment products they have
A year ago
Fixed income and bonds
A year ago
there are mutual funds
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help me understand what education is required to work here
A year ago
Im part of the support staff & it was not required for me
A year ago
some postions require higher education & some dont 🤷
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How long are the working hours?
A year ago
8 hours daily
A year ago
Normally 8hrs but can exceed that sometimes 😐
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I wonder if they have any employee resource groups
A year ago
HOLA, Black professional group
A year ago
Military Support & assistance group,Asian Leadership Network
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Hope that they have flexible work schedules
A year ago
sometimes they are & sometimes not so much
A year ago
as flexible as they can be
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Hoping to work in a good work environment
A year ago
competitive but in a healthy way
A year ago
Exiciting and challenging
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fingers crossed that we get maternity leaves
A year ago
Available for both the parents
A year ago
Excellent maternity leave 👏
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heard that they hold diversity & inclusivity in very high regards
A year ago
its plenty diverse & inclusive
A year ago
they really nurture diversity, Equity & inclusion ✨
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a friend said that the application is to be made with some other company, im confused
A year ago
Yea it has to be made via the Bank of America job portal
A year ago
Through Bank of America website 🖥
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Please let me know how many locations they have
2 years ago
North & South Carolina, Maine
2 years ago
Michigan,, Illinois, Indiana, Florida
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im told that we can buy the company stocks
A year ago
yes that is corect ✅
A year ago
we have an employee stock exchange program
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somone please let me know how often we get our raises
2 years ago
yearl raises
2 years ago
Annually with a performance bonus 💃
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Anything to say about raises???
2 years ago
Nothing much really 😶
2 years ago
Annual salary raises occur most at times 💯
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Wanna know if they have won any awards in the industry
2 years ago
Best in customer service
2 years ago
winner of the catalyst award 🏆
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heard that their customers keep coming back to them
A year ago
personalized care and services 😍
A year ago
mobile apps are available for ease of use
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Can anyone let me know what the benefits are like here
A year ago
HSA, FSA, Health, dental, vision insurance
A year ago
Parental leaves, ,Fertility assistance 👩
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it would be nice to know how much they are paying this year
2 years ago
Depends on which position youre enquiring about
2 years ago
every job pays differently
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Cool place to work and career advancement is high 🤩
A year ago
My 4 years of working here has more ups than downs and has been pretty good. At least I've not been stagnant and advancements have been quite good 😄
A year ago
You just need to do your work and there's plenty of opportunity for growth within the company 🤙
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Im told that the performance bonus is great
A year ago
its given once a year 1️
A year ago
if you perform well your incentive cheque is going to be amazing
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I wonder what the work life balance is like
A year ago
not many people working in the finance can say this but its great
A year ago
Its very good 🔥
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Wondering what kind of jobs are available
A year ago
new account specialist, financial advisor 🙂
A year ago
Premium investment consultant, FSA
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Thought this company was a large one. Just discovered it's medium sized😆
A year ago
lmao! when did it start? barely over a decade now 💁
A year ago
This isn't important to me btw😒
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People say the perks they get are also very good
A year ago
education assistance, legal assistance
A year ago
excellent employee resources groups 💥
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Someone please let me know about their working hours
2 years ago
8-9 hours in a day ⏳
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I dont have prior experience so im worried i wont be hired
A year ago
i was a fresh graduate when i was hired 😍
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The pay is decent. You could make 6 figures annually 🤑
A year ago
The pay is average though. And not everyone earns up to six figures, most five 😴
A year ago
salary + bonuses 😋
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Isabella Holmes
Career Advocate
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