PROFILE: Merrill Lynch and FIS bridge the retail gap

The US distribution channels for structured products are undergoing a transformation. Investment banks are now offering their products to the external securities brokers and dealers. And Following the partnership between JP Morgan and Fidelity earlier this year, Merrill Lynch is now set to distribute its products via Fixed Income Securities (FIS), a US-based broker-dealer and registered investment adviser, from this month.

An increasing number of retail investors are buying structured products from their financial advisers and so its hardly surprising that the US investment banks are tapping the retail market by forming partnerships with the external securities brokers and dealers.

FIS formed a partnership with Merrill Lynch’s Global Markets and Investment Banking division, earlier this month. Under the agreement, FIS will distribute Merrill Lynch’s financial products to the Registered Investment Advisors (RIAs)

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here