*Merrill Edge self-directed investing is intended
to be a fully-electronic, internet based brokerage service. This means that all
notices, statements, disclosures and other information regarding this service
and your account will be sent to you electronically via www.merrilledge.com or to your
last designated email address.
Please remember there's always the
potential of losing money when investing in
securities.
1. This offer and investment products are
provided by Merrill Lynch, Pierce, Fenner & Smith Incorporated
(MLPF&S).
Banking products provided by Bank of America, N.A., Member
FDIC.
This offer is available with an individual or joint Merrill Edge
self-directed brokerage account. MLPF&S waives its commission fee for as
many as 30 online equity trades each month for self-directed brokerage customers
who meet any one of the following criteria:
a. A combined total of
$25,000 or more in your deposit accounts at Bank of America, N.A. When you make
an online equity trade, MLPF&S determines whether you meet the balance
requirement to qualify that trade for the commission fee waiver. MLPF&S adds
the average collected balances in your checking and savings accounts as of the
prior month to the balances in your CD and FDIC-insured IRA accounts as of the
prior business day. If this calculation reflects a combined total of less than
$25,000, MLPF&S then makes a second calculation to see if the trade
qualifies by adding the balances in your checking, savings, CD and FDIC-insured
IRA accounts as of the prior business day.
b. A combined balance of
$25,000 or more in cash balances in one of the following sweep options in your
Merrill Edge self-directed account(s) as of the prior business day:
-
Bank Deposit Accounts sweep option with your CMA
- Retirement Assets Savings
Program (RASP) sweep with your IRA
If this balance is less than $25,000,
MLPF&S then makes a second calculation to see if your average collected
balance as of the prior month reflects a total of $25,000 or more to determine
whether you meet the balance requirements to qualify for the commission fee
waiver.
c. Clients of U.S. Trust, Bank of America Private Wealth
Management.
Offer applies only to online equity trades, including stock
and exchange traded fund (ETF) trades. Commission fees for online equity trades
depend on your total relationship with Bank of America and Merrill Lynch and
apply when the balance requirement is not met, or when you exceed 30 qualifying
trades a month.
To determine the 30-trade limit, MLPF&S adds the
qualifying trades in your individual accounts and in each joint account for
which you are the account owner. Deposit accounts with the same social security
number as the social security number(s) on the self-directed brokerage account
are systematically included in the balance determination. Deposit accounts
maintained with the Military Bank of Bank of America, N.A. are not
systematically included in the balance determination.
Other brokerage
fees associated with, but not limited to, margin transactions, option trading,
special stock registration/gifting, account transfer and processing, account
maintenance, research request and termination apply. Deposit fees apply to
deposit accounts.
Relationship requirements and pricing are subject to
change.
This offer applies only to self-directed brokerage accounts held
at Merrill Edge. Offers available through other Merrill Lynch services may vary
in terms and conditions. This offer does not apply to Business/Corporate
Accounts, Investment Club Accounts, Partnership Accounts and certain fiduciary
accounts held at MLPF&S.
BofA Merrill Lynch Global Research is equity
research produced by Merrill Lynch, Pierce, Fenner & Smith Incorporated
and/or one or more of its non-U.S.
affiliates.
2. Certain banking and
brokerage accounts may be ineligible for real time money movement.
| Are Not FDIC Insured | Are Not Bank Guaranteed | May Lose Value |