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Scott Marsden

36 Years of Experience
Annapolis, MD
1 DisclosureBroker

Scott Marsden is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Annapolis, MD, with 36 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

1 Park Pl, Annapolis, MD, 21401

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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
January 2002
Settled
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
October 2009 - Present · 16 yrs 7 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
October 2009 - Present · 16 yrs 7 mos
Previous Registrations
Banc of America Investment Services, INC.
January 1998 - October 2009 · 11 yrs 9 mos
Banc of America Investment Services, INC.Broker
January 1998 - October 2009 · 11 yrs 9 mos
NationssecuritiesBroker
August 1994 - January 1998 · 3 yrs 5 mos
Citicorp Investment ServicesBroker
December 1992 - March 1994 · 1 yr 3 mos
Legg Mason Wood Walker, IncorporatedBroker
August 1991 - December 1992 · 1 yr 4 mos
Lehman Brothers INC.Broker
November 1988 - August 1991 · 2 yrs 9 mos
State Registrations26 states
CACOCTDCDEFLGAIAILKYLAMAMDMSNCNJNMNYOHPASCTXVAWAWIWV
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.
Scott Marsden - Financial Advisor | TrueAdvisor