5 Best Financial Advisory Firms To Buy Now

3. Bank of America Corp (NYSE: BAC)

Bank of America is one of the 10 best financial advisory firms to buy now. The bank offers investment, financial and wealth management advice under Merrill Private Wealth Management. The bank’s wealth management service offers personalized wealth management products and services, including brokerage and investment advisory services.

Bank of America saw signs of recovery in the fourth quarter of 2020, mainly because of increasing consumer spending, improving loan demand by commercial customers and strong investment activity.

A total of 88 hedge funds tracked by Insider Monkey held stakes in the company at the end of the third quarter.

Read: Do Hedge Funds Love Bank of America Corporation (BAC)?