I’d believe it for active where they make a good fee. For self-directed, they’d lose money on this unless you had about $15k sitting in cash.
Originally Posted by
UnevenGray
Can anyone here corroborate (or speculate on) information from a myFICO forum that having $200K or $250K+ in Merrill accounts (possibly actively managed, possibly self-directed) triggers a reimbursement of the $550 annual fee?