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Merrill Managed assets top $10B, part of PRS program surpassing $100B in retirement savings.

Market News
01 Oct 2026
PRNewsWire
View Source
Bullish
Merrill Managed assets top $10B, part of PRS program surpassing $100B in retirement savings.

Bank of America's Personal Retirement Strategy (PRS) program has exceeded $100 billion in total assets, with Merrill Managed discretionary accounts surpassing $10 billion. This growth highlights strong demand for personalized retirement planning and professional portfolio management integrated into workplace 401(k) plans. PRS offers tailored retirement income strategies and digital tools to help employees make confident financial decisions. The program continues to evolve with new features like 401k Pay, supporting participants from savings to income phases, reflecting a commitment to enhancing employee financial wellness and retirement readiness.

Bank of America Corp holds a substantial market cap of $380.62 billion as of Oct 01, 2026, 20:04 WIB, reflecting its significant presence in the financial sector. Despite the Personal Retirement Strategy program surpassing $100 billion in assets, BAC shares on Pluang show a slight decline of 0.68% in one day, trading at USD 54.06. The stock's dividend yield stands at 2.35%, with a typical hold time of 127 days among Pluang investors, indicating moderate long-term interest amid ongoing portfolio management innovations.

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Top business credit cards for 2026 offer strong cash back, rewards, and bonuses with no annual fees.

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