Security National Financial Corporation shares rise 1.04% intraday after Merrill Wealth Management and Bank of America Private Bank launch new private market program.

Security National Financial Corporation rose 1.04% in intraday trading, with the company's stock price movement potentially influenced by the launch of the Alts Expanded Access Program by Merrill Wealth Management and Bank of America Private Bank. This new program, available to ultra-high-net-worth clients, offers access to institutional-grade private market funds, which could positively impact the financial sector.