All projections and opinions are those of the speaker(s) and subject to change.
Investing involves risk. There is always the potential of losing money when you invest in securities.
Asset allocation, diversification and rebalancing do not ensure a profit or protect against loss in declining markets. Past performance is no guarantee of future success.
Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.
Credit facilities are provided by Bank of America, N.A., Member FDIC, its subsidiaries or other bank subsidiaries of Bank of America Corporation. All loans and securities collateral are subject to approval and may require the filing of financing statements or other lien notices in public records. Securities-based financing involves special risks and is not for everyone. When considering a securities-based loan, consideration should be given to individual requirements, asset portfolio composition and risk tolerance, as well as capital gains, portfolio performance expectations and investment time horizon. For any loan with securities collateral, the securities or other assets in any collateral account may be sold to meet a collateral call as provided in the definitive loan documents and the client is not entitled to choose which securities or other assets will be sold nor to receive additional time to address a collateral call. The sale of the collateral may result in tax consequences and the disruption of the client’s investment strategy and the client can lose more funds than are deposited in the collateral account. A complete description of the loan terms will be found in the individual credit facility documentation and agreements. Clients should consult their own independent tax and legal advisors.
This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation for the purchase or sale of any security, financial instrument, or strategy. Before acting on any investing direction, you should consider whether it is in your best interest based on your risk tolerance, liquidity needs, goals and time line. If necessary, contact your Merrill financial advisor or personal professional.
Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (“BofA Corp.”). MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp.
Merrill Private Wealth Management is a division of MLPF&S that offers a broad array of personalized wealth management products and services. Both brokerage and investment advisory services (including financial planning) are offered by the Private Wealth Advisors through MLPF&S. The nature and degree of advice and assistance provided, the fees charged, and client rights and Merrill’s obligations will differ among these services. Investments involve risk, including the possible loss of principal investment. The banking, credit and trust services sold by the Private Wealth Advisors are offered by licensed banks and trust companies, including Bank of America, N.A., Member FDIC, and other affiliated banks.
The Chief Investment Office (CIO) provides thought leadership on wealth management, investment strategy and global markets; portfolio management solutions; due diligence; and solutions oversight and data analytics. CIO viewpoints are developed for Bank of America Private Bank, a division of Bank of America, N.A., (“Bank of America”) and Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S” or “Merrill”), a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of Bank of America Corporation (“BofA Corp.”)
Merrill Institutional Consultants are part of Merrill Institutional Consulting™, a part of Global Wealth & Investment Management, and are dually registered representatives of Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) who can provide brokerage and investment advisory services. MLPF&S is a division of Bank of America Corporation (“BofA Corp.”).
Trust, fiduciary, and investment management services, including assets managed by the Specialty Asset Management Team, are provided by Bank of America, N.A., Member FDIC and a wholly owned subsidiary of Bank of America Corporation (“BofA Corp.”), and its agents.
Banking, mortgage and home equity products offered by Bank of America, N.A., and affiliated banks, Members FDIC and wholly owned subsidiaries of BofA Corp. Equal Housing Lender. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.
Insurance and annuity products are offered through Merrill Lynch Life Agency Inc., a licensed insurance agency and wholly owned subsidiary of BofA Corp.
Investment, insurance and annuity products:
Are Not FDIC Insured | Are Not Bank Guaranteed | May Lose Value |
Are Not Deposits | Are Not Insured by Any Federal Government Agency | Are Not a Condition to Any Banking Service or Activity |
Important information concerning your relationship with Merrill may be delivered only in English, such as in your Merrill account agreement and other documents relating to the products and services available to you. Please be sure to consult the English language materials for more information. In addition, nothing contained in the following video is intended by Merrill or any of its affiliated entities to constitute a recommendation, offer or solicitation to any person or entity anywhere in the world, for the purchase or sale of any security or investment product or service.
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AAMS™, ADPA™, APMA™, AWMA™, CRPC™, CRPS™, CSRIC® and SE-AWMA™ are service marks for The College for Financial Planning Institutes Corp. CAP®, CLU®, ChFC®, ChSNC® and RICP® are properties of The American College of Financial Services, which reserves sole rights to their use, and are used by permission. CIMA®, CIMC®, CPWA® and RMA® are registered certification marks of the Investments & Wealth Institute®. CFA® and CIPM® are registered trademarks owned by CFA Institute. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP® in the U.S. CAIA® is a registered certification mark owned and administered by the Chartered Alternative Investment Analyst Association. CDFA® is a trademark of The Institute for Divorce Financial Analysts™. The C(k)P® logo is a registered trademark of the Retirement Advisor University, Inc. CMT® is a registered trademark owned by CMT Association. CPM® is a registered service mark of the Academy of Certified Portfolio Managers.
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