A customized approach to your complex financial needs
A true picture of wealth goes beyond the securities you own. It includes the borrowing power that your assets convey. Your Merrill Lynch financial advisor can connect you with credit specialists at Bank of America to help you optimize both sides of your balance sheet.
Merrill Lynch provides investment experience, and Bank of America is distinguished by its ability to customize credit strategies to your personal needs, providing a range of offerings that recognize and align with the complexities of your wealth. Together, your financial advisor and credit specialist will work to understand your personal and business goals before creating a strategy designed to help you accomplish your objectives in a timely and cost-effective manner.
Financing for your situation
You already receive Merrill Lynch's investment guidance. Bank of America has considerable experience creating customized credit strategies applying complex collateral such as marketable securities, real estate, hedge fund positions, yachts and aircraft, as well as royalty streams from certain intellectual property. Your credit specialist can draw upon Bank of America's resources to offer customized lending across the following areas:
- Marketable securities
- Hedge fund positions
- Investor commercial real estate
- Recreational real estate, including ranches and vineyards
- Custom residential real estate
- Fine art collections
- Unsecured lines of credit
- Equity derivatives and interest rate hedging
- Intellectual property, such as music catalogs or film rights
Incorporating credit into your wealth management strategy
Your Merrill Lynch financial advisor can engage a Bank of America credit specialist to develop customized credit strategies to address your short- and long-term liquidity needs without disrupting your overall financial strategy.
Note: Merrill Lynch financial advisors don’t provide recommendations regarding custom lending products from Bank of America, N.A. However, your financial advisor can refer you to a Bank of America credit specialist, who can work with you regarding loan strategies to address your credit needs. You should consult your independent advisors before making any decision to obtain a credit product from Bank of America.
Talk to your Merrill Lynch financial advisor to discuss whether our customized lending program might be appropriate for you.
Custom lending brochure
Strategy Paper: Consider Real Estate as Part of Your Wealth Management Strategy
Strategy Paper: Pursuing Your Goals of Owning Recreational Real Estate
Custom lending may involve special risks and may not be appropriate for all clients. In particular, Custom lending may be subject to additional credit and legal approval because of special risks and restrictions that need to be carefully considered. Real estate financing and specific program options and property types may not be available in all states and may be subject to change from time to time. As a general rule with respect to each client, consideration must be given to capital gains tax implications, portfolio makeup and risk tolerance, portfolio performance expectations, and investment time horizon.
Securities-based financing involves certain risks. We can help you take into account your individual requirements, portfolio composition and risk tolerance, as well as capital gains taxes, portfolio performance expectations and investment time horizon. Securities-based financing may not be suitable for all clients. The loan is secured by assets in your Merrill Lynch account(s). Market fluctuations may result in a collateral call, and you may need to deposit additional cash and/or securities to meet the call or risk liquidation of your securities at an unfavorable price. In some cases, the securities pledged as collateral may be liquidated. Among other things, this may have negative tax implications for you, especially if the liquidation price of the securities liquidated exceeds your basis. The firm can sell your assets to meet a collateral call without notifying you, and you are not entitled to choose which securities in the account will be sold. You are not entitled to an extension of time to meet a collateral call.
Neither Bank of America nor any of its affiliates provide legal, tax or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.
Derivatives are complex instruments that are not suitable for every investor, may involve a high degree of risk, and may be appropriate investments only for sophisticated investors who are capable of understanding and assuming the risks involved. Clients must be options-approved.
Hedging and monetization strategies can result in higher return potential but also higher loss potential. Prospective investors are required to meet certain qualifications and acknowledge they understand the risks associated with certain hedging and monetization strategies that may not be suitable for all investors.
Credit facilities are provided by Bank of America, N.A., Member FDIC, its subsidiaries or other bank subsidiaries of Bank of America Corporation, each an Equal Opportunity Lender. All loans and collateral are subject to credit approval and may require the filing of financing statements or other lien notices in public records. Asset-based financing involves special risks and is not for everyone. When considering an asset-based loan, consideration should be given to individual requirements, asset portfolio composition and risk tolerance, as well as capital gains, portfolio performance expectations and investment time horizon. A complete description of the loan terms will be found in the individual credit facility documentation and agreements. Clients should consult with their own independent tax and legal advisors.