Merrill Lynch, Pierce, Fenner & Smith Incorporated (Merrill Lynch) is an American investment management and wealth management company headquartered in Midland, TX. It is owned by Bank of America and its activities include prime brokerage and broker-dealer activities. Merrill Lynch provides a broad range of brokerage, investment advisory and other services and engages in goals-based wealth management, providing individually customized investment approaches and wealth management advice. It also provides services in the area of investment banking