Merrill Lynch & Co. is one of the most reputed stock brokerage firms in the United States. With its wide array of financial products and services, Merrill Lynch & Co. has become a global leader in the financial market. It was incorporated in the year 1914. At the time of its inception, it was known as Charles E. Merrill & Co.
Merrill Lynch & Co. is headquartered in New York City, New York. With the help of its affiliates and subsidiary organizations, the company offers investment banking services, capital markets services, advisory services, asset management services, wealth management services, banking, insurance and various other types of services all over the world.
The common stock of Merrill Lynch & Co. is traded on the New York Stock Exchange (NYSE) under the ticker symbol MER.
The business divisions of Merrill Lynch & Co are the following:
Global Wealth Management (GWM)
- International Private Client
- Ask Merrill (US)
- Merrill Lynch Credit Corporation
- Business Center
- Private Banking & Investment Group
- ML Credit & Debit Cards
- BlueChip20 (Australia)
- Merrill Lynch Bank Suisse
Global Markets & Investment Banking Group (GMI)
- Global Markets Investment Banking
- Global Services
- Private Equity
The products and services of Merrill Lynch & Co. can be categorized into the following types:
Individual
- Advice & Planning
- U.S.- Total Merrill
- Estate Planning Services
- Beyond Banking
- Retirement
- Investments
- Credit & Lending
- Tracking Progress
- Solutions for Business
International
- Professional Money Management
- Advice & Market Intelligence
- Wealth Protection
- Investments
- Banking Services
- Cross-Border Solutions
- Tracking Progress
Corporations and Institutions
- Investment Banking
- Global Markets
- Private Equity
Small & Medium Scale Businesses
- Integrated Cash Management
- Solutions for Business
- Retirement & Benefits
- Flexible Financing
The subsidiary organizations under Merrill Lynch & Co. are the following:
- Merrill Lynch Europe PLC
- Financial Data Services, Inc.
- Merrill Lynch Bank USA
- Merrill Lynch, Pierce, Fenner & Smith Incorporated (PFS)
- Merrill Lynch International (MLI)
- Merrill Lynch Bank & Trust Co., FSB
- Merill Lynch Japan (MLJ)
- Merrill Lynch Government Securities, Inc. (GSI)
- Merrill Lynch (India) Technology Services (MLITS)
- Merrill Lynch Canada (MLC)
The top competitors of Merrill Lynch & Co are the following:
- Ameriprise Financial
- ABN AMRO
- Banc of America Securities LLC
- Bear Stearns
- Credit Suisse
- Citigroup
- Dresdner Kleinwort
- Deutsche Bank
- JP Morgan Chase
- Goldman Sachs
At present, the President and Chief Operating Officer (COO) of Merrill Lynch & Co. is Gregory J. Fleming.
Contact Details:
Merrill Lynch & Co.
Global Headquarters
Merrill Lynch & Co., Inc.
4 World Financial Center
250 Vesey Street
New York, NY 10080 USA
Tel: +1-212-449-1000