Can I add an authorized user or beneficiary to my Merrill Lynch account?

Asked a year ago
Yes, you can add an authorized user or beneficiary to your Merrill Lynch account. Adding an authorized user allows someone else to access and transact on the account, while a beneficiary would be entitled to the account's remaining assets in the event of your passing. To add an authorized user, you'll need to complete the necessary documentation and provide their personal information. This can typically be done by contacting a Merrill Lynch representative or visiting a local branch. Remember to consider the implications and discuss with a financial advisor before making this decision, as it grants access and control over your account to another individual.
Christian Allen is the editor / author responsible for this content.
Answered May 3, 2024

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