Meridian, MS 22nd Ave Office

Team
Updated today
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Merrill

Institution

Firm-wide stats for Merrill

Total advisors

25,545

Across 3,152 offices

Clients per advisor

70 Very Low

Avg AUM per client

$860,085 Very High

HNW client ratio

29% High

About

Merrill, together with its affiliate Managed Account Advisors LLC (MAA), provides managed account services to Bank of America fiduciary clients through the Select Portfolio Solutions (SPS) Program. The firm offers model‑based and discretionary strategies constructed by internal Chief Investment Office (CIO) teams and third‑party style managers and implements trading, account administration and custody support for individuals, high‑net‑worth clients, pension and profit‑sharing plans, corporations and charitable organizations.

Portfolio implementation varies by Strategy: some are model‑based where MAA implements CIO or style manager models, while others authorize third‑party Discretionary Managers to execute trades directly; the CIO also uses strategic and tactical asset allocation and offers “tax aware” versions of related strategies for higher tax‑sensitivity investors. Cash allocations are typically swept through the Bank’s Cash Sweep Program or invested in money market alternatives, and clients can request reasonable investment restrictions (which MAA may accept or decline and may have limited effect where Funds are used).

Several features in the brochure distinguish Merrill from many peers: as part of the Bank of America group it has affiliates that operate in swaps and derivatives markets and it has disclosed planned arrangements to receive “Support Fees” and to offer optional Data Analytics to third‑party firms beginning January 1, 2027 (the brochure notes Merrill will not receive Support Fees for accounts enrolled in the SPS Program). The firm also discloses multiple SEC administrative orders and related enforcement matters (including a 2025 order with a $25 million civil penalty related to cash sweep disclosures), and the Program materials do not present the SPS service as a source of standalone financial planning.

Based on Merrill

Expertise

Tax-loss harvesting Active portfolio management Wealth management

Based on Merrill

Location

1122 22nd Ave

Meridian MS 39301

Advisors at this office

3

Advisors at this office

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Melinda R

Series 66

Meridian, MS

Merrill

Melinda Russell is a Series 66-licensed financial advisor at Merrill with seven years of industry experience. She has worked at Bank of America and Merrill since 2019 and has prior experience in education and mental health sectors. Merrill, together with its affiliate Managed Account Advisors LLC, provides managed account services to Bank of America fiduciary clients through the Select Portfolio Solutions Program, offering model-based and discretionary investment strategies for individuals, high-net-worth clients, and institutional investors.

Tax-loss harvesting Active portfolio management Wealth management
user avatar

Ellis M

Series 66

Meridian, MS

Merrill

Ellis Mitchell III is a financial advisor with Merrill, holding a Series 66 designation and based in Meridian, MS. He has recently started his career in the industry. Merrill provides managed account services through the Select Portfolio Solutions program to Bank of America fiduciary clients, offering a range of model-based and discretionary investment strategies across various client segments including individuals, high-net-worth clients, and institutional investors. The firm integrates its services within Bank of America’s broader platform, combining access to a wide range of financial products with managed account solutions.

Tax-loss harvesting Active portfolio management Wealth management
user avatar

Ellis M

Series 66

Meridian, MS

Merrill

Ellis Mitchell Jr. is a financial advisor with Merrill in Meridian, MS, holding a Series 66 designation and 21 years of industry experience. He has worked at Merrill and Bank of America, N.A. since 2018 and previously spent four years with VOYA Financial Advisors. Outside of his advisory role, he owns and manages a self-storage facility. Merrill serves a broad range of clients including individuals, retirement plans, corporations, and institutional clients by offering managed account programs, discretionary portfolio management, brokerage execution, and custody services. The firm provides multiple program strategy types that allow client or advisor discretion and emphasizes manager selection and tax-efficient investment implementation, leveraging its integration with Bank of America affiliates.

Tax-loss harvesting Active portfolio management Wealth management
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