How is Merrill Lynch’s rated by clients?
Merrill Lynch’s earns a 1.4-star rating from 103 reviews, showing that the majority of clients are dissatisfied with financial advisory services.
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ruined my account
I am looking for advice or attorneys with experience in arbitration or litigation against a major investment broker who has purposefully not attended to my account, incurring extreme losses. I am a permanent resident in Australia and am an American citizen, and this case will probably have to be arbitrated in Denver, Colorado.
This broker has pointedly stated that he would not assist me as per our previous arrangements and has ignored my account to the point where charges have defrayed my positive balance into a negative and I am incurring margin charges besides my equities taking a massive beating.
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This review was chosen algorithmically as the most valued customer feedback.
the loan process was a nightmare that still haunts me
I have a perfect credit rating, well over 800 except for one problem. Four years ago I applied for a loan Thur Merrill Lynch, since this is the company that has all my money. The loan approval was easy....the loan process was a nightmare that still haunts me. The guy who first started my loan admitted after all the problems he had "dropped the ball" Oh...
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Overview of Merrill Lynch complaint handling
Merrill Lynch reviews first appeared on Complaints Board on Nov 17, 2006.
The latest review Not satisfied. was posted on May 3, 2024.
The latest complaint Handling of my 401k trying to roll it to another company. was resolved on Dec 23, 2022. Merrill Lynch has an average consumer rating of 1 stars from 103 reviews.
Merrill Lynch has resolved 9 complaints.
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Merrill Lynch address4 World Financial Center, 250 Vesey Street, New York, New York, 10080, United States
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Merrill Lynch Category
Merrill Lynch is ranked 7 among 736 companies in the
Investment, Insurance and Financial category
Most discussed complaints
the loan process was a nightmare that still haunts me1
(opinions to this review)
Recent comments about Merrill Lynch company
Benefits online1
Deliberate criminals/I love it!
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My experience, exactly. Throughout this entire debacle I have not received any guidance, suggestions, insight support or guidelines. I asked very early on two questions: 1) which of the companies I am invested in are likely to be able to keep on doing business and pay their dividend? The only answer I got was " IBM has a very solid balance sheet and no debts". ( I didn't own IBM)
and 2) I asked which of my municipal bonds might be in danger of default, and again, the answer I got was very vague. I ended up researching some of them myself.
Kiplinger magazine stated in a article that if one's financial advisor was any good, his/her clients should never do as badly as the market. Well, I did as badly as the market ( even was not discouraged from selling out near the bottom ), and I am mad. I think a class action suit might be in order. But, like you, I am asking, where does one start?