Originally Posted by
Often1
Move on. Merrill Lynch is a private company and has no obligation to do business with you. Cleary it has chosen not to. There are many other financial advisors / broker dealers in the world and you should move your portfolio there.
You could also spend a lot of time, effort and money -- emphasis on money -- only to learn that there is a problem but that nobody will tell you. One SAR filed by one entity over one transaction and you would never know and both Merrill Lynch and the filer would be forbidden from disclosing to you.
A good chance that if there is a problem, you will encounter a problem with another financial advisor. If that happens, you will know that there is a problem.
I am getting the sense that yes, there is something there.
Anyone know what a SARS looks like, what the report looks like and the type of content in may contain? Is it along the lines of an open letter of the entity explaining the concern to report a SARS, or is a form w/specific fields and not a lot of space for nuance or description? I can not think of anything and if these are subjective and you get a nervous Nelly then anything is possible.