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David W.

  • 2 Reviews
  • 8 Helpful Votes
  • 0 Thank Yous

Experience: Finance, Shopping, Society

Member since January 2020

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2 Reviews by David


I am repeatedly annoyed with this company. The biggest annoyance I can think of is with their Cash Sweep Program, your settled cash is moved there, and when it comes to trading violations are triggered when there should have been cash in your account. Their support staff are very smug. Even when you point out that there was enough settled money in your account, they will not cooperate or do anything to help you. Hence there are violations triggered when there should not have been any. I had this today again, after selling a stock I'd held for 2 years! I then bought back my position with settled money. There were no other unsettled trades. Yet this triggered a violation. On examination there is money that was moved into their scammy Cash Sweep Account. I have had enough of Merrill Edge.

Tip for consumers:
Look at the competition before you open or move your Roth IRA to Merrill Edge.


The listing claimed to be for two Items: they were described as Musical instruments and both appeared to be Ukelele's, The smaller of the two looked like a Soprano sized Uke compared to a Concert or Tenor size in the picture. It's actually not a Uke at all. The Description clearly reads "Description: 2 Ukeleles". The only clue there was something off was it read at one part Ukelele / Musical Box. The images seemed to focus on the toy which appeared to be a Uke and it's case, more than the actual Uke. It took me in, I bid on it. Then I thought about it, and googled to see what the other thing was, turned out to be NOT A UKELELE at all. I retracted my bid immediately. Their response was they will not remove the bid. I don't think so. I have no intention of paying for a piece of junk which is being listed as a musical instrument. These were two very different things, and should not have been listed together. I even pointed out that I would have been happy to bid on the Ukelele but I refuse to bid on the other item which is no use to me, and should not be paying shipping and taxes on something I did not want. I argue that the auction was a misrepresentation of the item.

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