Automated and simplified investing platforms
Broker Review
Merrill Guided Investing
Founded or launched in 2017 by Bank of America, Merrill Guided Investing combines digital portfolio management with access to Merrill advisers and Bank of America rewards. Its service model, regulatory registrations and custody arrangements should be considered together because the customer-facing name may span more than one legal entity. The service is not separately listed and therefore has no standalone market capitalization.
Strengths
- Combines digital portfolio management with access to Merrill advisers and Bank of America rewards
Drawbacks
- At Merrill Guided Investing, customers surrender security selection and may incur advisory, fund, tax or cash-allocation costs that are not obvious from the headline fee
Profile
What you can trade
Merrill Guided Investing invests through its own model universe of ETFs or funds and performs allocation and rebalancing for the customer; this managed account is not designed for security-by-security trading.
Account types
Taxable individual account plus traditional, Roth and rollover IRA choices; joint or trust registrations are available only on selected programs. The registration structure reflects the fact that the service combines digital portfolio management with access to Merrill advisers and Bank of America rewards.
Platform
Merrill Guided Investing is managed primarily through its consumer web portal and iOS/Android application; trading control is intentionally simpler than an active-broker terminal. The resulting workflow is tailored to a business that combines digital portfolio management with access to Merrill advisers and Bank of America rewards.
Who it suits
Best suited to Merrill Guided Investing customers whose principal requirement is the capability described in this profile, rather than investors choosing a broker only because of a zero-commission headline.
Where it is offered
Merrill Guided Investing is principally offered to eligible U.S. residents who can supply a Social Security number, domestic address and tax certification. Policies for territories, citizens living abroad and international applicants are specific to this firm.
Regulation and sources
Official website: https://merrilledge.com/ Regulatory status should be verified through FINRA BrokerCheck, SEC/IAPD, NFA BASIC, state regulators or applicable alternative-asset disclosures. Last verified: 2026-08-11.