Managed Account Advisors

Managed Account Advisors LLC (MAA) is a registered investment advisor and a subsidiary of Merrill Lynch, a Bank of America company. The firm serves as the central overlay portfolio manager for the Merrill Lynch Investment Advisory Program, specializing in portfolio construction, rebalancing, and tax-optimization strategies. While MAA manages significant investment holdings in the healthcare, biotechnology, and pharmaceutical sectors, it is fundamentally a financial services entity rather than a life sciences company. As of late 2024, the platform surpassed $1 trillion in assets under management, supporting millions of client accounts through its integrated portfolio management infrastructure. The company provides the scale and technology necessary for financial advisors to deliver personalized investment solutions to a broad range of clients.