What Does Merrill Lynch Do?

Total employees34797
HeadquartersNew York
FoundedN/A

Merrill Lynch is a leading American wealth management and investment company. Founded in 1914, it was acquired by Bank of America in 2009 and now operates as Merrill Lynch Wealth Management, a key division of Bank of America's Global Wealth and Investment Management (GWIM) unit. Merrill provides a wide range of services including investment advisory, financial planning, retirement solutions, brokerage, and wealth management for individuals, families, and businesses. It combines its long-standing expertise with the extensive resources of Bank of America to serve its clients globally.

Where Is Merrill Lynch's Headquarters?

HQ Function

Serves as a primary operational hub for Merrill Lynch Wealth Management, encompassing advisor support, client services, investment strategy, and product development.

Notable Features:

Located within Brookfield Place, a modern office complex in Lower Manhattan offering state-of-the-art facilities, proximity to the financial district, and Hudson River views.

Work Culture:

Characterized by a client-focused, performance-driven environment with an emphasis on financial expertise, ethical practices, and collaboration, integrated within the broader Bank of America corporate culture.

HQ Significance:

Symbolizes Merrill Lynch's enduring legacy in the financial services industry and its continued role as a leading wealth management provider in New York City and globally.

Values Reflected in HQ: Commitment to client success, financial stewardship, market leadership, and integration with Bank of America's responsible growth strategy.

Location:

As an integral part of Bank of America, Merrill Lynch leverages a vast global network to serve clients across the Americas, Europe, the Middle East, Africa (EMEA), and Asia Pacific. Key functions supported globally include personalized financial advisory, comprehensive portfolio management, retirement and trust services, estate planning services, and access to Bank of America's global banking and markets capabilities. This international footprint allows Merrill to provide localized expertise with a global perspective to its diverse clientele.

Street Address:

250 Vesey Street

City:

New York

State/Province:

NY

Country:

USA

Where Else Does Merrill Lynch Operate Around the World?

Chicago, IL/USA

Address: Bank of America Tower, 110 N Wacker Dr, Chicago, IL 60606

Key center for client engagement and advisor support in the Midwestern United States, connecting clients to global market insights and Bank of America's broader capabilities.

London/United Kingdom

Address: Bank of America Merrill Lynch Financial Centre, 2 King Edward St, London EC1A 1HQ, UK

Serves as a key hub for Merrill Lynch's international wealth management clients, facilitating access to global investment opportunities and cross-border financial solutions.

Los Angeles, CA/USA

Address: 555 S Flower St, Los Angeles, CA 90071 (Bank of America Plaza)

Supports Merrill Lynch's significant presence in California and the Western U.S., catering to affluent individuals, entrepreneurs, and entertainment industry professionals.

Buying Intent Signals for Merrill Lynch

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Merrill Lynch? Meet the Executive Team

As of April 2025, Merrill Lynch' leadership includes:

Lindsay Hans - President, Merrill Lynch Wealth Management
Kenneth Correa - Head of Business and Client Development, Merrill Lynch Wealth Management
Keith Glenfield - Head of Investment Solutions & Personal Retirement, Merrill and Bank of America Private Bank

Who's Investing in Merrill Lynch?

Merrill Lynch has been backed by several prominent investors over the years, including:

Merrill Lynch is a wholly-owned subsidiary of Bank of America Corporation (NYSE: BAC), a publicly traded company. Key institutional investors of Bank of America Corporation include:
The Vanguard Group
BlackRock Inc.
State Street Corporation
Berkshire Hathaway Inc.

What Leadership Changes Has Merrill Lynch Seen Recently?

Hire0
Exits1

Over the past year, Merrill Lynch Wealth Management saw a key leadership consolidation with Lindsay Hans becoming the sole President. This followed the departure of Eric Schimpf, who had served as Co-President. These changes aim to streamline leadership and continue focusing on strategic growth within Bank of America's wealth management division.

Departures

Eric Schimpf, Eric Schimpf stepped down from his role as Co-President of Merrill Lynch Wealth Management.

New Appointments:

Lindsay Hans, Lindsay Hans, formerly Co-President, became the sole President of Merrill Lynch Wealth Management, consolidating leadership of the division.

What Technology (Tech Stack) Is Used byMerrill Lynch?

Discover the tools Merrill Lynch uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Merrill Lynch Email Formats and Examples

As part of Bank of America, Merrill Lynch employees generally use email addresses associated with Bank of America (bofa.com) or, for some legacy or specific roles, Merrill Lynch (ml.com). The most common formats typically involve a combination of the employee's first and last names.

[first].[last]@bofa.com or [first_initial][last]@bofa.com (similarly for ml.com)

Format

jane.doe@bofa.com or jdoe@ml.com

Example

80%

Success rate

What's the Latest News About Merrill Lynch?

ReutersJanuary 10, 2024

Merrill Lynch news: Bank of America's Merrill co-head Schimpf steps down - memo

Eric Schimpf, who co-headed Merrill Wealth Management, a unit of Bank of America, stepped down from his role. Lindsay Hans, who shared the leadership position with Schimpf, became the sole president of the unit....more

AdvisorHubFebruary 28, 2024

Merrill Lynch news: Merrill Adds $10.5B-AUM Father-Son Team from First Republic

Merrill Lynch successfully recruited a prominent father-son advisory team previously with First Republic Bank. The team, managing approximately $10.5 billion in client assets, joined Merrill's private wealth division in San Francisco, highlighting ongoing talent acquisition efforts....more

Barron'sMay 7, 2024

Merrill Lynch news: Merrill Is Going Big on AI. Here’s How Advisors Will Use It.

Merrill Lynch is significantly investing in Artificial Intelligence (AI) to enhance its advisors' capabilities. President Lindsay Hans detailed plans for AI tools to assist with tasks like summarizing client calls, drafting communications, and portfolio analysis, aiming to free up advisors' time for deeper client engagement....more

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