Anonymous
map-marker Huntsville, Alabama

Cash out

Couldnt cash out wanted me to open Bank of America and then after king process I was told I would have to go to a bank 75 miles away to verify my address, so could not complete transaction
View full review

User's recommendation: Zo

Karisa Mmz

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer

Someone contacted me about a pending application but i did not apply

stars-rating-full stars-rating-full stars-rating-full stars-rating-full stars-rating-full
i am concerned about fraud and identify theft, arent you? Please contact me so i can learn more about the reason merrell edge called me. 860-305-****
View full review

Preferred solution: information

Anonymous
map-marker Tallahassee, Florida

Remarkably bad customer service

stars-rating-full stars-rating-full stars-rating-full stars-rating-full stars-rating-full

I have been trying to assist an elderly friend transfer her funds out of her Merrill Edge accounts. We have called four times and have been on hold at least 45 minutes and as much as 60 minutes with no answer or we couldn't wait on hold any longer.

We are currently on hold for 35 minutes. I understand that sometimes there is a backlog of calls, but every time?! This is remarkably bad service. Surely they are able to measure and track the amount of time their customers are on hold.

Apparently, they're ok with these hold times. Good for my friend to get her funds away from this poorly run company.

View full review

User's recommendation: Don't put your funds with this company

Anonymous
map-marker Mount Laurel, New Jersey

Hold time

stars-rating-full stars-rating-full stars-rating-full stars-rating-full stars-rating-full
I have currently been on hold for 57 minutes and counting. I am calling because ML has locked one of my accounts without notice, without explanation, and without a way to remedy online. So, I am on hold. For an hour. Waiting to access my money, in my account. Time to relieve them of some funds...
View full review

Preferred solution: Let the company propose a solution

Anonymous
map-marker Windsor, Connecticut

Customer Service call sucks

Long hold times when calling customer service. Locked my online account and their messages are unclear on what to do. Called a 877# but cannot get through to human to unlock account. How is a person to unlock account?
View full review
Anonymous
map-marker Fort Myers, Florida

Wait time trying to talk with representative at Merrill Edge

stars-rating-full stars-rating-full stars-rating-full stars-rating-full stars-rating-full
I called the Merrill Edge customer 800 number. I waited for 30 minutes and finally gave up. Is this supposed to be customer service? Really? Considering moving my portfolio elsewhere....
View full review

User's recommendation: If you have an BofA account, it may be worthwhile to take the perks between BofA and Merrill Edge

Heidrun B

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer

ACCOUNT ACCESS

I have tried to contact ML numerous times by calling all numbers available online and having sent a letter to Jacksonville, FL on March 9th. I have been on HOLD for as long as 36 minutes and am still unable to get a response from any ML personnel. I am unable to access my account for the past month and need help. Is there any live person who can help me? My email: HBB10@***.com or Tel: (815)886-****. Thank You
View full review

Preferred solution: Unable to access my account since March 8th when I first wrote a letter to ML. I have also tried to contact ML by phone and have been on hold for as much as 36.3 Minutes. I am totally frustrated and need help. Thank you

Anonymous
map-marker Buckeye, Arizona

Holding my money

I am 60 years old ,trying to close my IRA Account .They will not give me my money, Saying i need proof that i don't owe Child Support,which has been closed out for years. I send the documents confirming my case has been paid in full since 2017 and they say its not good enough. WTF if you have money with this company good luck getting it.
View full review

User's recommendation: Horrible Company !!!!!!

Anonymous
map-marker Garden Grove, California

Update information

Hi there I need for help. I want to remove my old phone number 714-858-**** at own account. Because i no longer use it. I can not trade when i still not change into new phone number Ending 4 SSN : 7451 Zipcode : 92840 Thanks
View full review
Yan G Hqf

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer
| map-marker San Diego, California

Funds transfer

stars-rating-full stars-rating-full stars-rating-full stars-rating-full stars-rating-full
I have been calling since last week. Every time, I was asked to wait for more than 1hour and still could not get connected. I checked online and could not find anywhere that can help. I just want to move some funds from my IRA to my Roth IRA. Really too much effort to do this. It will make me hesitate to continue to contribute to this IRA in the future. Hope there is an easier way to do it.
View full review
Mike W Jfe
map-marker Greenwood, Indiana

Taking my money without giving the service asked for

Merrill lynch advisor would not advise me anymore so I pulled my account back to edge She said she had a new strategy only using clients that only use what she has for them all she wants is your money pitiful
View full review

Preferred solution: Full refund

User's recommendation: Don’t use Rada Halesha a real crook

Rajesh R Wsj

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer

Rohan.rajesh@***.com

stars-rating-full stars-rating-full stars-rating-full stars-rating-full stars-rating-full
Updated by user Dec 28, 2021

Tried contacting Customer Service via e-mail and got informed that I need to deal the issue over phone.Held the Customer Service line patiently for close to 90 minutes (each time) continuously for 3 days (Friday, Monday, Tuesday) and issue has not been resolved....

Original review Dec 28, 2021
On 12/23, I did an online transfer for $2,503 incorrectly. My intention was to transfer into the Investment Account but did it into the UTMA account.

I have been trying to work with Merrill Edge/Lynch to get this issue resolved and I am very frustrated with the quality of Service as it is completely lacking. The Merrill Edge 877 653 **** number has a wait time of close to 90 minutes and I have patiently waited multiple times to talk to a Rep without any corrective action.

I really wish I didn't have any accounts with Merrill because of pathetic service.
I am a Platinum Honors client and I am experiencing Service of this worst quality. I am not sure what I would have gotten if I was a regular customer.
View full review
Pros:
  • Easy and cheap to trade securities
Cons:
  • Poor customer service

Preferred solution: Fix the issue

Gizelle Ygi
map-marker Memphis, Tennessee

I have been trying to contact yall to set up an appointment to open brokers account and vice pres brad mackonohey sent encrypted email to my bankers and brokers acc i need to open them ronnie bailey

stars-rating-full stars-rating-full stars-rating-full stars-rating-full stars-rating-full
re open accounts w external accounts. want appointment tomorrow ronnie bailey. bank of america sent encrypted email that dissapeared sent to baileyexport1@***.com need a broker
View full review
Anonymous
map-marker Mansfield, Texas

CUSTOMER SERVICE

stars-rating-full stars-rating-full stars-rating-full stars-rating-full stars-rating-full
I've tried many times to contact CS but simply don't have time to wait 20-30 minutes. I finally just gave up. All I needed was for them to show me how to print my grandkids account on what I paid for their stock plus the date I purchased it.
View full review
Anonymous
map-marker Sunnyvale, California

No one answers the phone for 2 hours

stars-rating-full stars-rating-full stars-rating-full stars-rating-full stars-rating-full
as a bank or brokerage, no one answers the phone for 2 hours. Can you imagine that? My account is locked for 2 hours. Will Merrill Edge be responsible for my loss?
View full review

Preferred solution: Apology

User's recommendation: use another bank

Anonymous
map-marker Arecibo, Arecibo

NECESITAMOS HABLAR CON EL SEÑOR O LA SEÑORA GORDON

Favor de llamarnos al 787-879-**** en relación a las 2 cuentas que tiene la Sra. Carmen González con ustedes. Ya enviamos el Relevo de Hacienda que era el último documento que hacia falta para la liquidación de la herencia. Este caso estaba asignado al señor Jensen Erik cualquier duda favor de comunicarse
View full review

About

Related Companies

Bank Of America, FIA Card Service, Merrill Lynch, Countrywide Home Loans, First Franklin Loan Services

Summary

Merrill Edge is a division of Bank of America Merrill Lynch and an online platform providing brokerage services. The discount brokerage business was started in 2010 when Merrill Lynch became a retail banking part of Bank of America. At the very start, Merrill Edge had about 500 000 clients of Bank of America and was focusing investors having $100000-250000 in assets. In 2015, Merrill Edge had more than 2500 associates aboard and was operating almost 120 000 000 000 coming from 2 000 000 of its customers.

Merrill Edge reviews and complaints

Merrill Edge is ranked 566 out of 3936 in Financial Services category

Area Served

USA

Payment Methods

Why Trust Reviews on PissedConsumer?

  • Professional auto and live moderation
  • 100% user-generated content
  • Equal opportunity and protection
  • Zero tolerance for fake reviews
  • Verified content
  • PissedConsumer is on the Inc. 5000 list

For more information read Blog article