NYSE:BACBanks
Bank Of America (BAC) Adds Automated Tax Aware Investing Tools At Merrill
Bank of America (NYSE:BAC) unit Merrill introduced new automated tools for tax-efficient portfolio transitions and systematic cash investing within its advisory program.
The Merrill rollout targets wealth management clients who want portfolio adjustments and cash deployment to follow preset, tax-aware rules.
The automation is integrated into Merrill's existing investment advisory platform so advisers can apply these settings across eligible client accounts.
Merrill's new tax-efficient...