Bruce Huggins
Bruce Huggins is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Smithtown, NY, with 40 years of industry experience. Bruce is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 1,838,984 clients with $1800B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Managed Account Advisors and Merrill Lynch charge an asset-based fee called the Account Fee, which consists of two parts:
- Investment Management and Trust Fee — Paid to Bank of America for its services, with rates set in your client agreement and subject to negotiation based on your portfolio value and account size.
- Style Manager Expense — Paid to the specific manager of your chosen strategy, generally ranging from 0.00% to 0.50% per year, and does not change based on portfolio size.
Total fees vary depending on the specific strategies and account size, and are deducted directly from your account on a regular basis.
Location
50 Route 111, Smithtown, NY, 11787
Get directionsHistory
Regulatory History (6)
Customer Dispute
September 2015Employment Separation After Allegations
September 2012Customer Dispute
August 2009Customer Dispute
June 2009Customer Dispute
April 2008Customer Dispute
April 2008Other Business Activities
Bruce is a fiduciary for the AHS Inheritance Trust since October 2024. This requires minimal time.
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Previous Registrations
Citigroup Global Markets INC.
Citigroup Global Markets INC.Broker
Hsbc Securities (USA) INC.
Hsbc Securities (USA) INC.Broker
North Ridge Securities CORP.Broker
Bny Investment Center INC.Broker
North Ridge Securities CORP.Broker
Prime Capital Services, INC.Broker
Prudential Securities IncorporatedBroker
Smith Barney INC.Broker
Shearson Lehman Hutton INC.Broker
State Registrations22 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.
Exams
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