Merrill lynch is a company that sell off their junk stocks to the consummer so that they can get the commision and you get stuck with a bunch of junk that is worthless. After they get your money they then ignore you like you dont exist. But when you walk in the door they tell you that they will manage your money, but only until you catch on to the stab in the back and then they move your account to some other state.
When you try to contact them, you get a long winded automated phone message and can't find out where your money is, if there is any left. Thet also never contact you to update your potfolio because they know they are ripping you off by selling you class C shares which they get the most commission on and they tell you that they convert to A shares after a period of time. But they don't. They just keep taking your money with out doing any managing of your account.
So beware of Merrill Lynch for financial advice, and they also prey on seniors. They lie to your face and steal from you with no remorse, they are out to fill their pockets with your money So beware...
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