Merrill Edge adds ESG scores to client dashboard

Update provides visuals to simplify portfolios analysis and performance review

Feb 12, 2018 @ 2:18 pm

By Ryan W. Neal

Merrill Lynch is making impact investing a centerpiece of Merrill Edge, the firm's digital investment service tailored to clients with less than $250,000 of investible assets.

An update on Monday refreshes the Merrill Edge user interface and adds environmental, social and governance scores from MSCI. The scores will identify which investments are ESG leaders or laggards, so investors can align their portfolios with their personal values.

(More: Is ESG investing going mainstream?)

The new user experience also simplifies portfolio analysis and performance review with new visualizations showing clients portfolio data, education and insights. The redesign builds on a stock research tool that it launched in November that aimed to help online investors make better decisions about thousands of U.S. equities.

In addition to monitoring personal portfolios, Merrill Edge investors can see how their performance compares to the broader market. The portal breaks down the portfolio's asset allocation by investment class and industry, showing overlapping items and recommended actions to build a more balanced portfolio.

"Knowledge is power, and we want our self-directed clients to know as much as possible when building and managing their portfolios to help them pursue investing goals," said Aron Levine, the head of Merrill Edge.

(More: ESG investing: Assessing the 'E,' 'S' and 'G')

Impact investing is an increasingly popular feature on digital investing platforms. Last week, Personal Capital added socially responsible investment strategies to its digital advice service, and TIAA introduced a robo-adviser in June that provides access to SRI mutual funds and ETFs.


What do you think?

View comments

Recommended for you

Sponsored financial news

Featured video


Why some retirement plan advisers think Fidelity is invading their turf

InvestmentNews editor Frederick P. Gabriel Jr. and reporter Greg Iacurci talk about this week's cover story that looks at whether Fidelity Investments is stepping on the toes of retirement plan advisers.

Latest news & opinion

Is Fidelity competing with retirement plan advisers?

As the Boston-based mutual fund giant expands the products and services it brings to the retirement market, some financial advisers say the firm is encroaching on their turf.

Gun violence hits investment strategies, sparks political debates with advisers

Screening out weapons companies has limited downside.

Whistleblower said to collect $30 million in JPMorgan case

The bank did not properly disclose that it was steering asset-management customers into investments that would be profitable for JPMorgan Chase.

Social Security underpaid 82% of dually entitled widows and widowers

Agency failed to tell survivors that they could switch to a higher retirement benefit later.

If Finra eases firm oversight of outside business activities, broker-dealers could lose revenue

Brokerage firms would no longer be able to charge reps for supervising nonaffiliated RIAs.


Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting It'll help us continue to serve you.

Yes, show me how to whitelist

Ad blocker detected. Please whitelist us or give premium a try.


Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print