WM
WM

William Mercer

42 Years of Experience
Chicago, IL
1 DisclosureBroker

William Mercer is a registered investment advisor at Hightower Advisors, LLC, based in Chicago, IL, with 42 years of industry experience. Their practice areas include Investment Management, Retirement Planning. Their firm serves 56,418 clients with $160B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1028 advisors
Number of Clients
56,418 clients
Average Client Portfolio
$2.9M average
Assets Under Management
$164.8B

Fee Structure

Hightower Advisors offers investment management services where fees are negotiable and can be calculated as a percentage of your portfolio. The percentage can be a flat rate, tiered based on asset levels, or tiered floating. Fees are typically deducted from your account and can be charged either in advance or after the service is provided, calculated quarterly or monthly. Some advisors may adjust fees based on significant deposits or withdrawals during the billing cycle. The firm may also household accounts for price breaks.

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Location

200 W. Madison St., Suite 2500, Chicago, IL, 60606

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
July 2001
Withdrawn
Employment History
Current Registrations
Hightower Advisors, LLC
May 2017 - Present · 9 yrs 2 mos
Hightower Securities, LLCBroker
May 2017 - Present · 9 yrs 2 mos
Previous Registrations
UBS Financial Services INC.
February 2002 - May 2017 · 15 yrs 3 mos
UBS Financial Services INC.Broker
August 2001 - May 2017 · 15 yrs 9 mos
U.S. Bancorp Piper Jaffray INC.Broker
September 1993 - September 2001 · 8 yrs
Everen Securities, INC.Broker
September 1990 - September 1993 · 3 yrs
Boettcher & Company, INC.Broker
October 1987 - September 1990 · 2 yrs 11 mos
Painewebber IncorporatedBroker
December 1986 - October 1987 · 10 mos
First American National Securities, INC.Broker
May 1983 - December 1986 · 3 yrs 7 mos
State Registrations3 states
COIDMN
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.