/BS << Original review: Dec. 10, 2022. /K 239 0 R /Superscript /Span Use eligible investments in your Merrill brokerage account as collateral for multiple loan from Bank of America. APY Rate. For Individual Investor Accounts, these terms are contained in the Margin Lending Program Client Agreement. 10 103 0 R 11 [null 107 0 R null 108 0 R null 109 0 R null 110 0 R null null >> >> Risk management strategies to consider include: Whether youre defining goals, addressing change or figuring out how to move forward, Merrill and Bank of America offer a wide range of solutions to help you take the next step and stay on track. /A8 << /Font << 14 0 obj 82 0 R null 83 0 R null 84 0 R null 85 0 R null null 86 0 R The Loan Management Account(LMAaccount) offered through Bank of America is a flexible line of credit that can be used for almost any purpose. 1 You have choices about what to do with your 401 (k) or other type of plan-sponsored accounts. . You must have a qualifying balance of at least $20,000 for the Gold tier, $50,000 for the Platinum tier, $100,000 for the Platinum Honors tier, $1,000,000 for the Diamond tier and $10,000,000 for the Diamond Honors tier. For more information about these services and their differences, speak with your Merrill financial advisor. >> and . /Border [0 0 0] /O /Layout << Is the minimum value (loanAmount + 20% 15% 40%) and if it dips under that they need more funds? endobj You can lose more funds than are held in the collateral account. /Name (US Consumer Privacy Notice) << Your default cash sweep interest rate is the one for "Merrill Lynch Bank Deposit Program - Tier 1 . endobj /Title <4C6F616E204D616E6167656D656E74204163636F756E74AE2041677265656D656E74> /brokenbar 168 /dieresis /copyright /ordfeminine 172 /logicalnot /.notdef /registered /macron /Subtype /XML >> >> PDF EMA Access Visa Terms and Conditions - Merrill Lynch By clicking continue, you will be taken to a website that is not affiliated with Merrill and may offer a different privacy policy and level of security. 103 0 R 104 0 R 105 0 R 106 0 R] endobj >> /H /I 256 0 R 257 0 R] << Margin interest rates are determined by a few factors, including the base lending rate (which resets weekly), your debit balance and your overall relationship with Bank of America and Merrill . << >> /ParentTreeNextKey 104 Log in. /PieceInfo << For more information about these services and their differences, speak with your Merrill financial advisor. /Creator (Adobe InDesign 15.1 \(Macintosh\)) /D [21 0 R /Fit] >> LMA account - JustAnswer Merrill Edge Review 2023: Pros, Cons and How It Compares /MC0 6 0 R /quotesingle 96 /grave 128 /bullet /dagger /daggerdbl /ellipsis /emdash /endash 1146 49 /Filter /FlateDecode /Underline /Span t%\)p.OxKwLr}(cdFNDH1:X}x|BY-46CrYJv8b)T#,?a. CD purchased through Merrill are known as "brokered CDs." A Merrill brokerage account is required for a brokered CD. /O /Layout /Names [(-3iqb6ZERkSf-Hc_vzJcOw) 29 0 R (1z5iCHn8_Ei1o4N-F68ucQ) 30 0 R (5rXzBkHwmUul24RQfGc9CA) 31 0 R (9d5pthEJs0mnLryxHkzzTw) 32 0 R (Cvo190tZT06b95QBF81TWw) 33 0 R /Strikeout /Span /Pa21 << /Count 17 Our financial advisors are committed to putting your investing needs and priorities first. 92 0 R 93 0 R 94 0 R 95 0 R 96 0 R 97 0 R 98 0 R 99 0 R 100 0 R 101 0 R << MLPF&S is a registered broker-dealer,registered investment adviser,Member SIPCand a wholly owned subsidiary of BofA Corp. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc., a licensed insurance agency and wholly owned subsidiary of Bank of America Corporation. Loan Management Account Agreement 11/01/2021. It is important to understand the differences, particularly when determining which service or services to select. Programs, rates, terms and conditions are subject to change without notice. 0000021569 00000 n Hi! /Parent 11 0 R Some restrictions may apply to purpose loans and not all managed accounts are eligible as collateral. /ClassMap 25 0 R >> call 855.332.5920. Best Interest Disclosure Statement Please retain for your records Merrill Lynch, Pierce, Fenner & Smith Incorporated. 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.). /K 232 0 R >> /ParentTreeNextKey 22 /Title () /TextIndent -5.0 endobj The client can lose more funds than deposited in such collateral account. /Pages 3 0 R PDF Best Interest Disclosure Statement - Merrill Bank of America, N.A.("the Bank") can force the sale or other liquidation of any securities or other investment property in the collateral account and, unless otherwise required by law, can do so without first contacting you. /A 174 0 R /O /Layout /H /N Enables borrowers to calculate interest accruals at day one of the interest period Price = BSBY + client spread Independently reviewed IOSCO compliant , index approved by S&P. 2016.