BrokAIr Reviews

Bank of America Review

"Bank of America has been known to offer some of the highest costs to its customers for online brokerage services, despite its reputation as a large, established institution." Is Bank of America really worth the extra costs?

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Overview of Bank of America

Bank of America, founded in 1784, is one of the largest financial institutions in the United States. It is a global leader in banking, investments, and wealth management with over 5,000 branches and 16,000 ATMs across the United States. It is also one of the largest online brokerages in the world.

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Founders

Bank of America was founded by Amadeo Giannini and A.P. Giannini in 1904. They both had a vision to provide reliable and affordable banking services to all citizens, regardless of their financial status.

Public Opinion on Bank of America

The public opinion on Bank of America is generally positive. Many customers are satisfied with its competitive pricing, 24/7 customer service support, and its extensive range of investment options. Some customers have expressed concerns over its high margin rates for non-Bank of America customers and lack of international stock trading.

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