Douglas Bailey
Douglas Bailey is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Asheville, NC, with 41 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,738,212 clients with $1500B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
The program's fees consist of two parts: the fee you pay to Bank of America for its services, and a fee for the specific investment strategy you choose. The strategy fee, called the Style Manager Expense, generally ranges from 0.00% to 0.50% of your assets annually. Clients investing in strategies managed by related entities will not be charged a Style Manager Expense.
Location
1 N Pack Sq, Asheville, NC, 28801
Get directionsHistory
Regulatory History (2)
Customer Dispute
August 2002Customer Dispute
November 2001Other Business Activities
Douglas has a minor interest in TBF Partners, a business or industry organization, but has no active role. He is also a director at Penland Bailey Company, a family business involved in mining/forestry and leasing, dedicating minimal time annually, and serves on the membership committee for Biltmore Forest Country Club, dedicating minimal time monthly.
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Previous Registrations
The Robinson-Humphrey Company INC.Broker
State Registrations37 states
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.