All applications for LMA accounts are subject to approval by Bank of America, N.A. << endobj 0000067298 00000 n These risks include the following: Carefully choosing the quality of your investments you borrow against and the amount you borrow can help reduce the likelihood of a maintenance call. a current combined balance, provided that you enroll at the time you open your first eligible personal checking account and satisfy the balance requirement at the end of at least one day within 30 days of opening that account. The LMA account requires a brokerage account at Merrill Lynch, Pierce, Fenner & Smith Incorporated and sufficient eligible collateral to support a minimum credit facility size of $100,000. /SpaceAfter 4.0 For more information about these services and their differences, speak with your Merrill financial advisor. >> >> endobj /DropCap /Figure ii. 41 0 obj << The Margin Lending Program (margin) provides an extension of credit based on eligible securities used as collateral from your qualified Merrill accounts. /H /I /ParentTreeNextKey 104 /S /S Margin is not appropriate for all investors. There are no fees to establish, no minimum balance nor annual fee, so you can access funds as you need to, generally within one day of approval. This Regulation Best Interest Disclosure Statement (Disclosure Statement) provides . 36 0 obj Benefits become effective within 30 days of your enrollment, or for new accounts within 30 days of account opening, unless we indicate otherwise. /A 295 0 R /BaseFont /ZapfDingbats 92 [141 0 R 142 0 R 143 0 R 144 0 R 145 0 R 146 0 R 147 0 R 148 0 R 149 0 R 150 0 R /O /Layout . Credit and collateral are subject to approval. >> /BS << /MC0 6 0 R >> << Enter your Merrill Edge Self-Directed account number: - Page 2 | Merrill Edge Self-Directed Investing Margin Account Application Code 00-66-0227B 108/108A-1222 Definitions: Household: Households may include spouse, domestic partner and others who share financial responsibility Annual Income: Gross annual Personal and investment real estate purchases, Business startup or expansion or acquisitions, Diversification for concentrated securities positions, Strategy Paper: How business owners can unlock capital. /Intent [/View /Design] >> While an extension of time to meet margin requirements may be available to you under certain conditions, you don't have a right to the extension. /Parent 3 0 R endobj Hi! >> /K [72 0 R 73 0 R 74 0 R 75 0 R 76 0 R 77 0 R 78 0 R 79 0 R 80 0 R 81 0 R /Encoding << endobj 3 0 obj Heres how you can get started with an advisor: Clients should contact their Merrill financial advisor for a personalized version. /Type /Annot 91 [133 0 R 134 0 R 135 0 R 136 0 R 137 0 R 138 0 R 139 0 R 140 0 R 141 0 R] 99.6% correlation with 1M LIBOR . 95 [165 0 R 166 0 R 167 0 R 216 0 R 217 0 R 218 0 R 219 0 R 220 0 R 221 0 R 222 0 R /C /Pa3 For us, success is about helping you reach your goals, not a number. /LineHeight 10.0 << 0000016245 00000 n You should consult your legal and/or tax advisors before making any financial decisions. /S /TH An extension of credit based on eligible securities youpledge as collateral from qualified Merrill brokerage accounts.
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