Revenue: Over $5 Billion
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About Merrill Lynch & Co. Inc.
Merrill Lynch & Co. Inc. is one of the most powerful divisions of Bank of America. It is responsible for wealth management, but it also provides investment management solutions and help. The company is relatively new. It was established in 2009. It is headquartered in NYC.
However, it serves the entire world. It operates more than $2.2 trillion of client assets, which means that it is the largest brokerage in the world.
In 2010, it had more than 15,100 financial advisors, but its services are resold by numerous independent agencies too. Yearly revenue floats around $13 billion.
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