Bank of America Merrill Managed AUM tops $10 billion in PRS program

Bitget2026/10/01 13:04

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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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bank of America Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610010900PR_NEWS_USPR_____NY61062) on October 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bank of America Merrill Managed AUM tops $10 billion in PRS program

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