5. Merrill edge review

Bottom Line

Merrill Edge is an award-winning broker for good reason. It has competitive pricing for self-directed investing. And its range of portfolio options, particular ESG-friendly ones, is an advantage. When you throw in industry-leading research and perks for existing Bank of America customers, it’s one of the best brokers out there.

But you’ll need to choose a different broker if you’re wanting to get involved in cryptocurrency or fractional share investing. And if you’re looking for managed portfolios, brokers like Charles Schwab or robo-advisors like Betterment are superior.

In short, existing Bank of America customers should definitely consider Merrill Edge, as should any investor who values research and ESG investing options.

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