Merrill Lynch Wealth Management Se Monterey Rd, Stuart

I live in Indiana and use Merrill Lynch. I am looking for a home in Florida and came across the post below while looking at nearby places. I lost a ton of money during the pandemic, but my advisor said to just wait. All the people who pull their money will soon stop, they will loose a ton and then put it right back in and things will get back to normal, I know its hard to do that, I lost $140K was at -23%, but within 5 months was back $230K and +16.5%, so almost 40% change in 5 months, that's crazy. No one would have guessed either of those would have happened. I had just invested my money a few months ago, and thought, I am going to loose it all, but I listened to my advisor thank god. They tell you they don't know the market, because they don't, no one does and if they say they do stay away from them, they are a fraud. They can only base their decisions on history. I have been with Merrill Lynch for almost a year, and have had no issues yet. I have my bank account with Bank of America who owns Merrill Lynch and I like the way they migrate together.

Horrible folks, they wont tell you what they really think of the market, because they dont know,or else you'd pull your money out. The cookie cutter investment packages are horrendous losers, and are not actively managed. They cant make money off you without your cash in their hands. Stay in , ride it out is their mantra. You'll here that from your advisor even when the markets crashing like right now. They win whether you win or lose.