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David Ajemian

26 Years of Experience
Los Angeles, CA
Broker

David Ajemian is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Los Angeles, CA, with 26 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,738,212 clients with $1500B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
25581 advisors
Number of Clients
1,738,212 clients
Average Client Portfolio
$869K average
Assets Under Management
$1511.1B

Fee Structure

Investment management only (planning not offered)

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.

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Location

2049 Century Park E, Los Angeles, CA, 90067

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business Activities

David is on the USC Marshall School of Business Dean's Alumni Council. He spends minimal time per week on this activity, serving as an ambassador for the school on programs related to alumni career engagement, lifelong learning, and student engagement.

Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
April 2025 - Present · 1 yr 1 mo
Previous Registrations
Citi Private Alternatives, LLCBroker
March 2017 - May 2025 · 8 yrs 2 mos
Citigroup Global Markets INC.Broker
May 2007 - May 2025 · 18 yrs
Citigroup Global Markets INC.
May 2007 - May 2025 · 18 yrs
Citicorp Investment Services
December 2002 - May 2007 · 4 yrs 5 mos
Citicorp Investment ServicesBroker
August 2002 - May 2007 · 4 yrs 9 mos
Banc of America Investment Services, INC.Broker
March 2001 - August 2002 · 1 yr 5 mos
Hoenig & CO., INC.Broker
July 1987 - January 1988 · 6 mos
Security Pacific Brokers, INC.Broker
May 1986 - December 1986 · 7 mos
Baraban Securities, INC.Broker
March 1986 - June 1986 · 3 mos
State Registrations5 states
CAFLNCNYUT
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.
David Ajemian - Financial Advisor | TrueAdvisor