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flag Merrill Lynch launches a new advisory group for clients worth $10M+, aiming to boost services for the ultra-wealthy.

flag Merrill Lynch, part of Bank of America, launched a new Ultra-High-Net-Worth Advisory Group with 25 experts to serve clients worth $10 million or more. flag This group will assist with specialized services like investment portfolios, estate planning, and philanthropy. flag The initiative follows a doubling in Merrill's UHNW clients over the last year, highlighting growing competition in wealth management among large banks.

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