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Bank of America to hire more than 500 financial advisers

Bank of America Corp. today said it plans to nearly double the number of its advisers who work with wealthier customers, bringing the total number to more than 1,000 by the end of the year.

The Charlotte-based bank said the move is an effort to serve customers with investable assets of $50,000 to $250,000.

The Merrill Edge financial advisers will work in branches nationwide and a call center.

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