Difference between Merill and Bank of America Private Bank
Hi guys need some help from anyone working at BoA or anyone really. What is the difference between the two? They are both part of the wealth management at BoA. Thanks in advance.
BofA Securities = Investment Banking, Global Markets, and Capital Markets
Merrill = Investing and Wealth Management
BofA Private Bank = HNW Client advisory including Portfolio Management, Credit, and Trust & Estate Planning.
Googled all this to confirm, but maybe others can provide more in-depth answers.
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