Merrill Lynch Named Advisory Solutions Firm of the Year by Money Management Institute

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Merrill Lynch Named Advisory Solutions Firm of the Year by Money Management Institute

NEW YORK--(BUSINESS WIRE)-- Merrill Lynch Wealth Management was named Advisory Solutions Firm of the Year at the 2013 Money Management Institute (MMI) Industry Leadership Awards. The award, which was announced during MMI's annual convention in New York on April 23, 2013, recognized Merrill Lynch Wealth Management as the firm that best exemplified overall excellence, as well as being the most significant contributor to the long-term success and sustainability of the industry over the last year.

"Our advancements and innovations in the managed solutions space are designed entirely with our clients in mind. It is a great honor for our company to be recognized for the effort invested by so many of our people to create the leading platform we have today. The best is yet to come as we will soon launch a greatly simplified platform that will be an industry first and create an unmatched client experience," said Andy Sieg, head of Global Wealth and Retirement Solutions at Bank of America Merrill Lynch.


Lorna Sabbia, head of the Managed Solutions Group at Merrill Lynch, added, "It's a tremendous honor to be recognized by MMI for our excellence in client service through advisor education, product innovation, a continued focus on risk management and enhancements to our trading platform."

Money Management Institute (MMI) is the national organization for the advisory solutions industry, representing portfolio manager firms and sponsors of investment consulting programs. MMI was organized in 1997 to serve as a forum for the industry's leaders to address common concerns, discuss industry issues and work together to better serve investors. The Institute is the leading advocate for the industry on regulatory and legislative issues.

Merrill Lynch Global Wealth Management
Merrill Lynch Global Wealth Management is a leading provider of comprehensive wealth management and investment services for individuals and businesses globally. With nearly 15,000 Financial Advisors and $1.8 trillion in client balances as of March 31, 2013, it is among the largest businesses of its kind in the world. Within Merrill Lynch Global Wealth Management, the Private Banking and Investment Group provides tailored solutions to ultra affluent clients, offering both the intimacy of a boutique and the resources of a premier global financial services company. These clients are served by more than 150 Private Wealth Advisor teams, along with experts in areas such as investment management, concentrated stock management and intergenerational wealth transfer strategies. Merrill Lynch Global Wealth Management is part of Bank of America Corporation.

Merrill Lynch Global Wealth Management (MLGWM) represents multiple business areas within Bank of America's wealth and investment management division including Merrill Lynch Wealth Management (North America and International), Merrill Lynch Trust Company, and Private Banking & Investments GroupAs of March 31, 2013, MLGWM entities had approximately $1.8 trillion in client balances. Client Balances consists of the following assets of clients held in their MLGWM accounts: assets under management (AUM) of MLGWM entities, client brokerage assets, assets in custody of MLGWM entities, loan balances and deposits of MLGWM clients held at Bank of America, N.A. and affiliated banks.

Visit the Bank of America newsroom for more Bank of America news.

www.bankofamerica.com



Reporters May Contact:
Matt Card, Bank of America, 1.617.434.1388
matthew.card@bankofamerica.com
Susan McCabe, Bank of America, 1.646.855.4111
susan.mccabe@bankofamerica.com

KEYWORDS:   United States  North America  New York

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