Merrill Lynch - About the company
Merrill Lynch is an acquired company based in New York City (United States), founded in 1990 by Paul Fellow Securities Institute Paul Steers. It operates as a Commercial bank. Merrill Lynch has raised an undisclosed amount in funding. The company has 7105 active competitors, including 199 funded and 1446 that have exited. Its top competitors include companies like Truist, Citi and KeyBank.
Company Details
- Website
- www.ml.com/
- Registered Address
- Dlouhá 741 11000 Praha
Key Metrics
Founded Year
1990
Location
New York City, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
21st among 7105 active competitors
Annual Revenue
£0 - £1M as on Sep 30, 2022
Employee Count
34,746 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Bank of America (Sep 15, 2008)
Legal entities associated with Merrill Lynch
Merrill Lynch is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Wealth Management Services a.s. CIN: 24318469 , Czech Republic, Active | Jun 28, 2012 | - | - | |
ML OFFICIAL LIMITED CIN: 10948434 , United Kingdom, Active | Sep 05, 2017 | £0 - £1M (As on Sep 30, 2022) | 1 (As on Sep 30, 2023) |
Merrill Lynch's acquisition details
Merrill Lynch got acquired by Bank of America on Sep 15, 2008.
Click here to take a look at Merrill Lynch's acquisition in detail
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Merrill Lynch's funding and investors
Merrill Lynch has raised funding over 2 rounds. Its first funding round was on Jan 15, 2008. Its latest funding round was a Post IPO round on Feb 18, 2008 for $*****. 1 investor participated in its latest round. Merrill Lynch has 4 institutional investors.
Here is the list of recent funding rounds of Merrill Lynch:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 18, 2008 | 5199709 | Post IPO | 1022507 | 6725998 | 8948705 | 1254664 |
Jan 15, 2008 | 2926621 | Post IPO | 5563858 | 9300688 | 2892140 |
View details of Merrill Lynch's funding rounds and investors
Merrill Lynch's founders and board of directors
Founder? Claim ProfileThe founders of Merrill Lynch is Paul Fellow Securities Institute Paul Steers.
Here are the details of Merrill Lynch's key team members:
- Paul Fellow Securities Institute Paul Steers: CEO Portfolio Manager for Merrill Lynch Zen AF Fund (Founder Joint Venture Merrill/Zen AM) of Merrill Lynch.
- Russell Stein: ex-CEO of Merrill Lynch.
View details of Merrill Lynch's Founder profiles and Board Members
Merrill Lynch's employee count trend
Merrill Lynch has 34,746 employees as of Aug 26. Here is Merrill Lynch's employee count trend over the years:
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Merrill Lynch's Competitors and alternates
Top competitors of Merrill Lynch include Truist, Citi and KeyBank. Here is the list of Top 10 competitors of Merrill Lynch, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Truist 1872, Charlotte (United States), Acquired | Commercial Bank that also provides other wealth management services | $900K | 78/100 | |
2nd | Citi 1812, New York City (United States), Public | Provider of financial services including banking, markets, international, and wealth management | - | 78/100 | |
3rd | KeyBank 1849, Cleveland (United States), Public | Provider of personal banking, small business, and wealth management services | - | 77/100 | |
4th | Bank of America 1998, Charlotte (United States), Public | Commercial bank and asset management firm | - | 76/100 | |
5th | United Bank for Africa 1949, Lagos (Nigeria), Public | Commercial bank | $7M | 75/100 | |
6th | Capital One 1988, Mclean (United States), Public | Provider of loans, credit cards, and savings services | - | 75/100 | |
7th | Huntington National Bank 1866, Shelton (United States), Public | Commercial bank | - | 74/100 | |
8th | First National Bank 1864, Pittsburgh (United States), Public | Commercial bank | $56.3M | 74/100 | |
9th | Charles Schwab 1971, El Paso (United States), Public | Commercial bank | - | 73/100 | |
10th | United Community Bank 1950, Blairsville (United States), Acquired | Provider of personal and business banking, mortgage, and wealth management services | $490M | 73/100 | |
21st | Merrill Lynch 1990, New York City (United States), Acquired | Commercial bank | - | 69/100 |
Looking for more details on Merrill Lynch's competitors? Click here to see the top ones
Merrill Lynch's Investments and acquisitions
Merrill Lynch has made 79 investments in companies including Hecai Network Technology and Smithfield Foods. Merrill Lynch has also acquired 2 companies including HCA and Goebel.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jul 24, 2020 | Investments | 2013 | Hangzhou (China) | |
Apr 05, 2019 | Investments | 1936 | Smithfield (United States) | |
Apr 03, 2019 | Investments | 1882 | Irving (United States) |
See all investments and acquisitions by Merrill Lynch
Reports related to Merrill Lynch
Here is the latest report on Merrill Lynch's sector:
News related to Merrill Lynch
Media has covered Merrill Lynch for a total of 10 events in the last 1 year, 3 of them have been about people movement and 1 about company updates.
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NewEdge Wealth Adds Experienced Wealth Advisor to Growing Atlanta OfficeMetro Atlanta CEO•May 30, 2026•New Edge Wealth, Merrill Lynch
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Northwestern Mutual Advisors Recognized on Barron's Top 1,500 ListPR Newswire•Mar 23, 2026•Northwestern Mutual, Merrill Lynch
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Bitcoin ETF Inflows Poised to Smash Records in Q4, Says Crypto Asset Manager BitwiseCoinDesk•Oct 09, 2025•Bitwise, UBS, Morgan Stanley, Merrill Lynch and 1 other
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CBRE expands European investment banking with former JLL dealmakerEurope-Re•Sep 24, 2025•CBRE, Deloitte, Jefferies, JLL and 1 other
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Fortis Inc. Announces Pricing of Fixed-to-Fixed Rate Subordinated NotesGlobeNewswire•Sep 03, 2025•Fortis, Morgan Stanley, MUFG, RBC Wealth Management and 9 others
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Arch Insurance International Promotes David Maher to CIOReinsurance News•Jul 29, 2025•Arch Capital Group, Lloyds Banking Group, Merrill Lynch, Direct Line Group and 2 others
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