Bank of America Merrill Managed AUM tops $10 billion in PRS program
Bitget2026/10/01 13:04- Bank of America’s Personal Retirement Strategy surpassed USD 100 billion in total assets, underscoring growth since its 2021 launch.
- Merrill Managed, its discretionary managed account offering within PRS, exceeded USD 10 billion in assets under management.
- Bank of America’s 2026 Workplace Benefits Report showed 70% of respondents cited saving for retirement as their primary goal.
- 401k Pay, introduced last year within PRS, targets retirement income by recommending withdrawals, projecting longevity, enabling scenario modeling.
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