Merrill Lynch

Definition

Merrill Lynch is a wealth management division of Bank of America, offering financial planning, investment advice, and other financial services to individuals, businesses, and organizations. Its role in employee training and development primarily revolves around providing financial education and resources for corporate clients to manage their human resources effectively.

Related terms

Financial Planning: The process of creating strategies for managing finances to achieve one's life goals.

Investment Advice: Professional recommendations on how to build and manage an investment portfolio to meet specific financial targets.

Wealth Management: A holistic service that combines financial and investment advice, accounting/tax services, retirement planning, and legal/estate planning for one fee