Merrill Lynch Company Description
Merrill Lynch is the matador of investment firms. The company (famous for its bull logo) offers financial services for private, institutional, and government clients, including mutual fund, insurance, annuity, trust, and clearing services, besides traditional investment banking and brokerage. Merrill Lynch operates in two segments: Global Investment Management (institutional investors and governments) and Global Wealth Management (private clients and small businesses; this unit includes First Republic Bank). The company also owns 49% of asset manager BlackRock, which absorbed Merrill Lynch's Investment Managers division, uniting Merrill's equity and mutual fund offerings and BlackRock's fixed-income prowess.
View the Comprehensive Company Description for Merrill Lynch
The Company Description provides a historical perspective of Merrill Lynch's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Merrill Lynch's evolution in the marketplace.
