The typical Bank of America Wealth Management Banking Specialist salary is $69,007. Wealth Management Banking Specialist salaries at Bank of America can range from $41,716 – $116,287.
Herein, what is a wealth management banking specialist?
Wealth Management Banking Specialists partner with our Merrill Financial Advisors to provide comprehensive financial solutions to individual wealth management clients with assets generally in the range of $1-10 million.
Also question is, what bank does Merrill Lynch use?
Bank of America
How much do wealth specialists make?
Wealth Management Specialist Salary
| Percentile | Salary | Last Updated |
|---|---|---|
| 50th Percentile Wealth Management Specialist Salary | $83,997 | April 27, 2021 |
| 75th Percentile Wealth Management Specialist Salary | $99,420 | April 27, 2021 |
| 90th Percentile Wealth Management Specialist Salary | $113,462 | April 27, 2021 |
How much do wealth managers make at Morgan Stanley?
Average Morgan Stanley Wealth Manager yearly pay in the United States is approximately $67,951, which is 11% below the national average.
How long is Bank of America customer service open?
If your card has been lost or stolen, contact us immediately by calling collect: 315.424. 4022 from outside the U.S. or 800.432. 1000 domestically (Mon–Fri 7 a.m.-10 p.m. or Sat–Sun 8 a.m.-5 p.m., excluding holidays; all times ET). You can also sign in to Online Banking and request a replacement card.
How much money do you need to open a Merrill Lynch account?
Merrill Edge at a glance
| Account minimum | $0 |
|---|---|
| Number of no-transaction-fee mutual funds | Over 3,000. |
| Tradable securities | • Stocks. • Bonds. • Mutual funds. • ETFs. • Options. |
| Trading platform | Three trading platforms: Full site HTML experience. Merrill Edge Mobile App (iOS and Android). Merrill Edge MarketPro. |
What is the difference between Merrill Edge and Merrill Lynch?
Fees and commissions vary widely between the two companies. Merrill Lynch does not offer self-directed accounts, so its pricing schedule is for managed account services. Merrill Edge, on the other hand, offers both self-directed and low-cost managed accounts. … A Merrill Edge brokerage account comes with no annual fee.
What is the minimum investment for Merrill Lynch?
Merrill Lynch Wealth Management Minimum Account Sizes
The minimum for Managed Strategies accounts is $5,000. The minimum for Custom Managed Strategies accounts is $20,000. While these are the minimum account sizes for Merrill Lynch as a whole, many Merrill advisors do not accept new clients below a certain threshold.