Bank of America Merrill Lynch has launched a major remodeling of its managed-account platform, which would include changes to its mutual fund wrap program, according to InvestmentNews.

Starting in September, Merrill will consolidate adviser access to its five managed-money platforms to just one contract and one client signature, InvestmentNews reports. It will be offered via a pilot program to a few advisers, according to the trade pub.

Read more in InvestmentNews. 

Edited by: Tommy Fernandez


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