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George Salem

38 Years of Experience
Birmingham, AL
1 DisclosureBroker

George Salem is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Birmingham, AL, with 38 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

569 Brookwood Vlg, Birmingham, AL, 35209

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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 2010
Denied
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
April 2009 - Present · 17 yrs 3 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
April 2009 - Present · 17 yrs 3 mos
Previous Registrations
Wachovia Securities, LLCBroker
July 2003 - April 2009 · 5 yrs 9 mos
Wachovia Securities, LLC
July 2003 - April 2009 · 5 yrs 9 mos
Prudential Securities Incorporated
November 2000 - July 2003 · 2 yrs 8 mos
Prudential Securities IncorporatedBroker
October 2000 - July 2003 · 2 yrs 9 mos
The Robinson-Humphrey Company, LLCBroker
June 1989 - October 2000 · 11 yrs 4 mos
Thomson Mckinnon Securities INC.Broker
September 1987 - June 1989 · 1 yr 9 mos
State Registrations21 states
ALCADCFLGAILINLAMDMIMOMSNCNYOHPASCTNTXVAWA
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.
George Salem - Financial Advisor | TrueAdvisor