Bank of America Merrill Managed AUM tops $10 billion in PRS program
BAC•Merrill Managed, Bank of America’s discretionary managed account offering within its Personal Retirement Strategy (PRS), exceeded $10 billion in assets under management. PRS surpassed $100 billion in total assets.
1. Retirement strategy assets
Bank of America said its Personal Retirement Strategy surpassed $100 billion in total assets, while Merrill Managed, its discretionary managed account offering within PRS, exceeded $10 billion in assets under management. The strategy launched in 2021.
