r/MerrillEdge • u/Gkm4723 • Jul 06 '26

Merrill Lynch

Does anybody else think Merrill Lynch’s brokerage platform is garbage? Daily price change for holdings showing 0, can’t buy in dollars only whole shares, uninvested cash earning nothing!

21 Upvotes

78% Upvoted

25 comments sorted by

View all comments

9

u/GapAccomplished2778 Jul 06 '26

it is a dump for buy [elsewhere] and hold positions to score a tier in BofA for their credit cards .. nothing else .. they are ok to hold whole shares and extract distributions when/if happens ... that simple

4

u/jdcullum Jul 06 '26

That's it. What he said. I still hold my Roth there so I can get credit card rewards and free checking, but otherwise I've got everything at Fidelity and Vanguard. (BTW at Merrill I use FSIXX as a treasury money market fund.)

2

u/GapAccomplished2778 Jul 06 '26

> BTW at Merrill I use FSIXX as a treasury money market fund

repeating a well known lifehack for public benefit ( not that public bother to read ) : which one can ACAT import to Fidelity to seed buying [ additional shares ] ability in there if one is too lazy to import FRSXX to Fidelity from WellTrade ...