MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
Adviser information for MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED last updated from Form ADV on March 22nd, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
Type of Organization | Corporation |
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Fiscal Year End | DECEMBER |
Legal Location | Delaware, United States |
Employees
Total Number of Employees | 34934 |
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Investment Advisory/Research | 26251 |
Registered Broker-Dealer Representatives | 27997 |
Registered State Investment Advisers | 26251 |
Licensed Agents of an Insurance Company | 12506 |
No. of Firms/People that Solicit Clients | 7 |
RAUM
Provides Management of Securities Portfolios | Yes |
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Type | Accounts | RAUM |
---|---|---|
Discretionary | 730,188 | $343.9B |
Non-Discretionary | 2.2M | $927.7B |
Total | 2.9M | $1271.6B |
Clients
Type | Number | RAUM |
---|---|---|
Individuals | 1.2M | $274.1B |
HNW Individuals | 411,703 | $821.1B |
Banking or thrift institutions | 2 | $7.6M |
Investment companies | 0 | $0 |
Business development companies | 0 | $0 |
Pooled investment vehicles | 0 | $0 |
Pension and profit sharing plans | 17,234 | $46.6B |
Charitable organizations | 4,472 | $20.8B |
State or municipal gov entities | 168 | $1.4B |
Other investment advisers | 0 | $0 |
Insurance companies | 262 | $2.3B |
Sovereign wealth funds and foreign official institutions | 0 | $0 |
Corporations or other businesses | 20,404 | $105.3B |
Other | 0 | $0 |
Type | Number |
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No. of Non-RAUM Clients | 16965 |
No. of Non-U.S. Clients | 1 |
Services
Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers)Educational seminars/workshopsPERFORMANCE MEASUREMENT REPORTS, ALLOCATION MODELING, IPS, RESEARCH REPORTS AND SERVICES, SEE SCHEDULE D |
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Compensation | % of AUMFixed feesCommissions |
Other Business Activities | Broker-dealerInsurance broker or agent |
Wrap Fee Program
Offers Wrap Fee Program | Yes |
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Acting As | RAUM |
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Sponsor | 520.7B |
Portfolio Manager | 0 |
Both for Same | 723.9B |
Portfolio Manager to Program | Sponsor |
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MERRILL GUIDED INVESTING WITH ADVISOR | MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED |
MERRILL LYNCH INVESTMENT ADVISORY PROGRAM | MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED |
MERRILL GUIDED INVESTING | MANAGED ACCOUNT ADVISORS LLC |
MERRILL LYNCH INVESTMENT ADVISORY PROGRAM | MANAGED ACCOUNT ADVISORS LLC |
MERRILL GUIDED INVESTING WITH ADVISOR | MANAGED ACCOUNT ADVISORS LLC |
MERRILL EDGE ADVISORY ACCOUNT | MANAGED ACCOUNT ADVISORS LLC |
MERRILL GUIDED INVESTING | MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED |
MERRILL EDGE ADVISORY ACCOUNT | MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED |
Principal Office
ONE BRYANT PARKNEW YORK
NY
United States
Monday - Friday, 9 A.M. TO 5 P.M.
Tel: 800-637-7455, Fax: 980-233-7021
Websites
business.bofa.com
www.youtube.com/bofaml
www.mymerrill.com
www.youtube.com/bankofamericaprivatebank
twitter.com/merrilllynch
www.merrilledge.com
www.benefits.ml.com/login/login
twitter.com/bofa_business
www.international.ml.com
www.bofaml.com/gic/global-institutional-consulting.html
www.econtribs.ml.com/automatedcontribution/login/login.aspx
twitter.com/bofaprivatebank
www.linkedin.com/company/bank-of-america-merrill-lynch
go.ml.com/employeecommunicationscenter
www.linkedin.com/company/bank-of-america-business/
www.merrill.com
bettermoneyhabits.bankofamerica.com/en/retirement
youtube.com/merrilllynch
twitter.com/merrilledge
campus.bankofamerica.com/
benefitplans.baml.com
www.pbig.ml.com
www.elementsetn.com
www.linkedin.com/company/bank-of-america-private-bank/
merrillhomeloans.com
healthaccounts.bankofamerica.com
www.ml.com
www.privatebank.bankofamerica.com/
www.merrilledge.com/guided-investing
www.bofaml.com/
Chief Compliance Officer
MICHAEL KARAM
1600 AMERICAN BLVD
NJ2-600-02-45
PENNINGTON
NJ
United States
Tel:
609-274-1757
M************@*******M
(Full email address available in API data)
Regulatory Contact
ANGELIQUE NORWOOD
AVP, BANK OF AMERICA-MERRILL LYNCH INTAKE GROUP
100 N TRYON ST
NC1-007-14-30
CHARLOTTE
NC
United States
Tel:
704-930-9699
Fax:
646-822-5786
I**********@*******M
(Full email address available in API data)
Industry Affiliates
BANC OF AMERICA SECURITIES ASIA LIMITED | Broker-dealer, municipal securities dealer, or gov securities broker or dealerBanking or thrift institution |
BANK OF AMERICA CALIFORNIA, NATIONAL ASSOCIATION | Banking or thrift institution |
BANK OF AMERICA EUROPE DESIGNATED ACTIVITY COMPANY | Banking or thrift institution |
BANK OF AMERICA MALAYSIA BERHAD | Banking or thrift institution |
BANK OF AMERICA MERRILL LYNCH BANCO MULTIPLO S.A. | Banking or thrift institution |
BANK OF AMERICA MEXICO, S.A., INSTITUCION DE BANCA MULTIPLE | Banking or thrift institution |
BANK OF AMERICA SINGAPORE LIMITED | Broker-dealer, municipal securities dealer, or gov securities broker or dealerBanking or thrift institution |
BANK OF AMERICA YATIRIM BANK A.S. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerBanking or thrift institution |
BANK OF AMERICA, NATIONAL ASSOCIATION | Broker-dealer, municipal securities dealer, or gov securities broker or dealerRegistered security-based swap dealerBanking or thrift institution |
BOFA SECURITIES EUROPE SA | Broker-dealer, municipal securities dealer, or gov securities broker or dealerRegistered security-based swap dealer |
BOFA SECURITIES INDIA LIMITED | Broker-dealer, municipal securities dealer, or gov securities broker or dealerFutures commission merchant |
BOFA SECURITIES JAPAN CO., LTD. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerFutures commission merchantInsurance company or agencyReal estate broker or dealer |
BOFA SECURITIES PRIME, INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
BOFA SECURITIES, INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial plannersFutures commission merchant |
MANAGED ACCOUNT ADVISORS LLC | Other investment adviser, including financial planners |
MERRILL LYNCH (ASIA PACIFIC) LIMITED | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
MERRILL LYNCH (AUSTRALIA) FUTURES LIMITED | Broker-dealer, municipal securities dealer, or gov securities broker or dealerFutures commission merchant |
MERRILL LYNCH (SINGAPORE) PTE LTD. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerFutures commission merchant |
MERRILL LYNCH ARGENTINA S.A. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerFutures commission merchant |
MERRILL LYNCH BANK AND TRUST COMPANY (CAYMAN) LIMITED | Broker-dealer, municipal securities dealer, or gov securities broker or dealerBanking or thrift institutionTrust company |
MERRILL LYNCH CANADA INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerFutures commission merchant |
MERRILL LYNCH CORREDORES DE BOLSA, SPA | Broker-dealer, municipal securities dealer, or gov securities broker or dealerFutures commission merchant |
MERRILL LYNCH EQUITIES (AUSTRALIA) LIMITED | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
MERRILL LYNCH FAR EAST LIMITED | Broker-dealer, municipal securities dealer, or gov securities broker or dealerFutures commission merchant |
MERRILL LYNCH INTERNATIONAL | Broker-dealer, municipal securities dealer, or gov securities broker or dealerRegistered security-based swap dealer |
MERRILL LYNCH INTERNATIONAL, LLC-SEOUL BRANCH | Broker-dealer, municipal securities dealer, or gov securities broker or dealerFutures commission merchant |
MERRILL LYNCH LIFE AGENCY INC. (MONTANA) | Insurance company or agency |
MERRILL LYNCH LIFE AGENCY INC. (PUERTO RICO) | Insurance company or agency |
MERRILL LYNCH LIFE AGENCY INC. (VIRGIN ISLANDS) | Insurance company or agency |
MERRILL LYNCH LIFE AGENCY INC. (WASHINGTON) | Insurance company or agency |
MERRILL LYNCH MARKETS (AUSTRALIA) PTY. LIMITED | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
MERRILL LYNCH MEXICO, S.A. DE C.V., CASA DE BOLSA | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
MERRILL LYNCH S.A. CORRETORA DE TITUTOS E VALORES MOBILIARIOS | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
MERRILL LYNCH SECURITIES (TAIWAN) LTD. | Futures commission merchant |
MERRILL LYNCH SECURITIES (THAILAND) LIMITED | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
MERRILL LYNCH SOUTH AFRICA (PROPRIETARY) LIMITED | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
MERRILL LYNCH, KINGDOM OF SAUDI ARABIA COMPANY | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
PT MERRILL LYNCH SEKURITAS INDONESIA | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
U.S. TRUST COMPANY OF DELAWARE | Trust company |
Private Funds
Name | Type | Assets $USD | Min Investment $USD | No. Owners |
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None
Control Persons
Name | Type | Entity | Title | Since | Ownership |
---|---|---|---|---|---|
BANK OF AMERICA CORPORATION | Domestic Entity | NB HOLDINGS CORPORATION | SHAREHOLDER | 10/1998 | > 75% |
BAC NORTH AMERICA HOLDING COMPANY | Domestic Entity | – | SHAREHOLDER | 01/2015 | > 75% |
NB HOLDINGS CORPORATION | Domestic Entity | BAC NORTH AMERICA HOLDING COMPANY | SHAREHOLDER | 10/2008 | > 75% |
GUARDINO, JOSEPH ANTHONY JR | Individual | – | CHIEF OPERATIONS OFFICER & FINOP | 04/2015 | < 5% |
HANS, LINDSAY DENARDO | Individual | – | STATE DESIGNATED PRINCIPAL & DIRECTOR | 01/2019 | < 5% |
LEVINE, ARON DANIEL | Individual | – | DIRECTOR | 05/2019 | < 5% |
SABBIA, LORNA ROSE | Individual | – | DIRECTOR | 05/2019 | < 5% |
HEATON, DAVID CARLETON JR | Individual | – | CHIEF LEGAL OFFICER | 05/2019 | < 5% |
ALAM, SYED FARUQE | Individual | – | CHIEF FINANCIAL OFFICER | 09/2019 | < 5% |
SCHIMPF, ERIC A | Individual | – | DIRECTOR & CHIEF EXECUTIVE OFFICER, STATE DESIGNATED PRINCIPAL | 04/2023 | < 5% |
KARAM, MICHAEL RICHARD | Individual | – | CHIEF COMPLIANCE OFFICER | 01/2024 | < 5% |
FAHMY, NANCY MONIR | Individual | – | DIRECTOR | 01/2024 | < 5% |