Merrill Lynch

Essay specific features

 

Issue:

Business

 

Written by:

Victoria S

 

Date added:

March 6, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 480

 

Was viewed:

9281 times

 

Rating of current essay:

 
Essay content:

With the increased flow of financial information to investors, many investors felt they no longer needed to pay such a premium for a full-service broker like Merrill Lynch. Up to this point, the average Charles Schwab customer was 45 years old, with 95,000 average income, and about $100,000 in assets...
displayed 300 characters

Custom written essay

All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $10.99/page

Order custom paper

Full essays database

You get access to all the essays and can view as many of them as you like for as little as $28.95/month

Buy database access

Order custom writing paper now!

  • Your research paper is written
    by certified writers
  • Your requirements and targets are
    always met
  • You are able to control the progress
    of your writing assignment
  • You get a chance to become an
    excellent student!

Get a price guote

 
 

This was compared to Merrill Lynch's average customer, which before the launch of Integrated Choice, had customers that tended to be older (53 yrs), and more affluent (> $100,000 in assets). Merrill Lynch's sweet spot was its priority clients which averaged 60 years of age with net assets of $650K. However, as Charles Schwab started aggressively targeting more affluent individuals with its technology and reduced trading rates, they started attracting the more affluent investors that would typically sign with a full-service firm...
displayed 300 characters

General issues of this essay:

Related essays:

x
Services