Sneakers41-You know a lot of banks now offer an institutional brokerage firm in order to provide investment services to its clients so that the bank can be the one stop shopping for all financial needs.
For example, Bank of America offers its customers the opportunity to invest with its Merrill Edge representatives. These are licensed representatives that represent Merrill Lynch.
When you go to a Bank of America branch, you just have to tell the lobby leader that you are interested in information and they will either take your name and number and have a representative from Merrill Lynch call you or they will give you information for you to call them yourself.
They offer self managed accounts if you are looking to invest less than $25,000 and they have actively managed accounts through Merrill Lynch if you have at least $25,000 to invest.