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Bank of America Says Consumer Investments Business Tops $500 Billion in Client Assets
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Bank of America Says Consumer Investments Business Tops $500 Billion in Client Assets
Jan 10, 2025 6:15 AM

08:54 AM EST, 01/10/2025 (MT Newswires) -- Bank of America ( BAC ) said Friday that its consumer investments business has grown to more than $500 billion in client assets.

The assets include nearly 4 million customer accounts with Merrill Edge Self-Directed and Merrill Guided Investing, the bank said.

Bank of America ( BAC ) introduced Merrill Edge Self-Directed investment services in 2010 and clients gained access to the Merrill Guided Investing advisory program in 2017.

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