# Merrill

> American investing and wealth management division of Bank of America

**Wikidata**: [Q334122](https://www.wikidata.org/wiki/Q334122)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Merrill_(company))  
**Source**: https://4ort.xyz/entity/merrill

## Summary
Merrill is an American investing and wealth management division of Bank of America, providing financial services and investment products to individuals and institutions. Founded in 1914, it has evolved into a key player in the U.S. financial sector, offering a range of services including asset management, financial planning, and investment banking.

## Key Facts
- **Founded**: January 6, 1914, as Merrill Lynch, Pierce, Fenner & Smith Inc.
- **Headquarters**: Located in New York City, United States.
- **Parent Organization**: Bank of America (since 2009).
- **Industry**: Financial services, investment banking, wealth management.
- **Employees**: Approximately 60,000 (as of available data).
- **Revenue**: $20.2 billion (2021), $24.4 billion (2020).
- **Net Profit**: $290 million (as of available data).
- **Total Assets**: $603 billion (as of available data).
- **Key Products**: Investment management, financial planning, retirement solutions.
- **Website**: [www.ml.com](https://www.ml.com), [www.pbig.ml.com](https://www.pbig.ml.com), [www.merrilledge.com](https://www.merrilledge.com).
- **Aliases**: Merrill Lynch, Merrill Lynch & Co. Inc.
- **Wikidata ID**: Q4830453.
- **Wikipedia Title**: Merrill (company).
- **Sitelink Count**: 36 (Wikipedia links).

## FAQs
**What is Merrill’s primary business focus?**
Merrill specializes in investment management, financial planning, and wealth management, serving both individual clients and institutional investors. It operates as a division of Bank of America, leveraging its financial infrastructure to provide comprehensive financial services.

**Who founded Merrill, and when was it established?**
Merrill was founded on January 6, 1914, as Merrill Lynch, Pierce, Fenner & Smith Inc. by Charles E. Merrill and other key figures in the financial industry.

**What services does Merrill offer?**
Merrill offers a range of services, including investment management, financial planning, retirement solutions, and wealth management. It caters to both individual investors and institutional clients.

**Where is Merrill headquartered?**
Merrill’s headquarters is located in New York City, United States, a major global financial hub.

**How many employees does Merrill have?**
Merrill employs approximately 60,000 people, reflecting its significant presence in the financial services sector.

**What is Merrill’s revenue and net profit?**
Merrill reported revenue of $20.2 billion in 2021 and $24.4 billion in 2020. Its net profit was $290 million as of available data.

**What is Merrill’s total asset value?**
Merrill manages total assets of $603 billion, indicating its substantial financial footprint.

**What are Merrill’s key products?**
Merrill’s key products include investment management services, financial planning, and retirement solutions, tailored to meet diverse client needs.

**Who are some notable figures associated with Merrill?**
Notable figures associated with Merrill include Charles E. Merrill, Edmund C. Lynch, and John Alexander Thain, who played significant roles in its development and leadership.

**What is Merrill’s relationship with Bank of America?**
Merrill is a division of Bank of America, having been acquired by the parent bank in 2009. This partnership allows Merrill to leverage Bank of America’s financial resources and infrastructure.

## Why It Matters
Merrill plays a crucial role in the U.S. financial sector as a leading provider of investment and wealth management services. Its integration with Bank of America enhances its ability to serve a broad clientele, from individual investors to large institutions. By offering comprehensive financial solutions, Merrill contributes to economic stability and growth. Its historical significance as a pioneer in investment banking and financial planning underscores its enduring influence. Additionally, Merrill’s role in shaping financial markets and advising clients on wealth preservation and investment strategies makes it a vital player in the global economy.

## Notable For
- **Historical Significance**: One of the oldest and most respected names in investment banking, with a legacy dating back to 1914.
- **Financial Leadership**: Manages substantial assets and revenue, reflecting its strong financial position.
- **Diverse Services**: Offers a wide range of financial products, including investment management and retirement planning.
- **Strategic Partnership**: As a division of Bank of America, it benefits from the parent bank’s extensive financial infrastructure.
- **Notable Figures**: Associated with influential figures like Charles E. Merrill and Edmund C. Lynch.
- **Global Reach**: Operates in a major financial hub, New York City, with a significant international presence.
- **Innovation**: Continuously evolves to meet the changing needs of its clients and the financial market.

## Body

### History
Merrill was founded on January 6, 1914, as Merrill Lynch, Pierce, Fenner & Smith Inc. by Charles E. Merrill and other key financial figures. Over the decades, it grew into a prominent player in the investment banking and financial services industry. In 2009, Merrill was acquired by Bank of America, becoming a division of the larger financial institution. This acquisition allowed Merrill to expand its reach and leverage Bank of America’s resources.

### Services and Products
Merrill offers a comprehensive range of financial services, including investment management, financial planning, and wealth management. Its key products cater to individual investors and institutional clients, providing tailored solutions for retirement planning, asset management, and financial advice. The company’s services are designed to help clients achieve their financial goals and secure their financial futures.

### Financial Performance
Merrill has demonstrated strong financial performance, with revenue of $20.2 billion in 2021 and $24.4 billion in 2020. Its net profit was $290 million, reflecting its profitability and financial health. The company manages total assets of $603 billion, indicating its substantial financial footprint and influence in the market.

### Headquarters and Operations
Merrill’s headquarters is located in New York City, United States, a major global financial hub. The city’s status as a financial capital enhances Merrill’s ability to serve clients both domestically and internationally. The headquarters serves as the central hub for the company’s operations, strategic planning, and client engagement.

### Notable Figures
Several notable figures have been associated with Merrill, including Charles E. Merrill, Edmund C. Lynch, and John Alexander Thain. These individuals played significant roles in the company’s development and leadership, contributing to its reputation and success. Their contributions have helped shape Merrill’s identity and influence in the financial sector.

### Relationship with Bank of America
Merrill’s relationship with Bank of America is a strategic partnership that has allowed the company to expand its services and reach. As a division of Bank of America, Merrill benefits from the parent bank’s financial infrastructure, resources, and expertise. This collaboration enhances Merrill’s ability to provide comprehensive financial solutions to its clients.

### Digital Presence
Merrill maintains a strong digital presence through its official websites, including [www.ml.com](https://www.ml.com), [www.pbig.ml.com](https://www.pbig.ml.com), and [www.merrilledge.com](https://www.merrilledge.com). These platforms provide clients with access to financial tools, resources, and expert advice. The company’s digital footprint reflects its commitment to innovation and client service.

### Affiliations and Partnerships
Merrill is affiliated with various organizations and individuals, including Harold Ford Jr., Jacob A. Frenkel, Mary Meeker, Christian Blanc, Dany Garcia, and Mehmet Şimşek. These affiliations contribute to Merrill’s network and expertise, enhancing its ability to serve clients and navigate the financial landscape.

### Key People
Key figures associated with Merrill include Charles E. Merrill, Edmund C. Lynch, and John Alexander Thain. Charles E. Merrill, a prominent businessman, played a foundational role in the company’s establishment. Edmund C. Lynch and John Alexander Thain have also made significant contributions to Merrill’s leadership and operations.

### Industry and Classification
Merrill operates in the financial services industry, specifically within investment banking and wealth management. It is classified as a business entity and a juridical person, with a focus on generating economic profit. The company’s classification aligns with its role as a financial services provider and its commitment to commercial and professional activities.

### Global Knowledge and Library Indices
Merrill is extensively indexed across global library and semantic web systems. It holds various identifiers, including a Dewey Decimal Classification, Library of Congress Authority ID, and Art & Architecture Thesaurus ID. These indices reflect Merrill’s significance in the financial sector and its presence in global knowledge systems.

### Digital Presence and Media
Merrill has a significant digital presence, with sitelinks in multiple languages and platforms. It is described in encyclopedias such as the Encyclopædia Britannica and the Great Russian Encyclopedia. The company’s digital footprint includes social media accounts, encyclopedic entries, and other digital resources.

### Identifiers and Aliases
Merrill utilizes a wide range of unique identifiers and multilingual aliases. These identifiers include Wikidata, Wikipedia, and other global knowledge graphs. The company’s aliases, such as Merrill Lynch and Merrill Lynch & Co. Inc., reflect its historical and operational identity.

### Ownership and Structure
Merrill is owned by Bank of America, with a headquarters in New York City. The company operates as a division of Bank of America, leveraging the parent bank’s financial resources and infrastructure. Its structure includes various departments and teams dedicated to investment management, financial planning, and client service.

### Financial Services and Economic Impact
Merrill’s financial services contribute to the global economy by providing investment and wealth management solutions. Its economic impact is reflected in its revenue, net profit, and total assets. The company’s services play a crucial role in supporting economic stability and growth.

### Cultural and Historical Significance
Merrill’s cultural and historical significance is reflected in its legacy as a pioneer in investment banking and financial planning. The company’s contributions to the financial sector have shaped its identity and influence. Its historical role in the development of financial services underscores its enduring significance.

### Future Outlook
Merrill continues to evolve and adapt to meet the changing needs of its clients and the financial market. Its strategic partnerships, innovative services, and strong financial position position it for continued success and growth. The company’s commitment to excellence and client service ensures its relevance and influence in the financial sector.

## References

1. Virtual International Authority File
2. CiNii Research
3. [Source](http://www.heise.de/tp/bild/35/35074/35074_1.html)
4. Freebase Data Dumps. 2013
5. Google Knowledge Graph
6. [Source](http://km.aifb.kit.edu/services/crunchbase/)
7. [Source](http://services.corporate-ir.net/SEC/Document.Service?id=P3VybD1hSFIwY0RvdkwyRndhUzUwWlc1cmQybDZZWEprTG1OdmJTOWtiM2R1Ykc5aFpDNXdhSEEvWVdOMGFXOXVQVkJFUmlacGNHRm5aVDA0TnpZME1EYzRKbk4xWW5OcFpEMDFOdz09JnR5cGU9MiZmbj1CYW5rb2ZBbWVyaWNhQ29ycG9yYXRpb25fMTBLXzIwMTMwMzAxLnBkZg==)
8. Quora
9. Aligned ISNI and Ringgold identifiers for institutions
10. Name Suggestion Index