MG
MG

Michael Grammatico

38 Years of Experience
Batavia, NY
1 DisclosureBroker

Michael Grammatico is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Batavia, NY, 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

21 Masse Pl, Batavia, NY, 14020

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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
December 2002
Denied
Other Business Activities

Michael is an advisory board member for Roundtable Athletic Assoc., dedicating minimal time quarterly. He is also a committee member for GLOW YMCA and an officer for Eagle Star Housing, Inc., each requiring minimal time monthly.

Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
August 2015 - Present · 10 yrs 9 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
February 2008 - Present · 18 yrs 3 mos
Previous Registrations
Citigroup Global Markets INC.Broker
July 1993 - February 2008 · 14 yrs 7 mos
Lehman Brothers INC.Broker
May 1988 - July 1993 · 5 yrs 2 mos
E. F. Hutton & Company INCBroker
September 1987 - May 1988 · 8 mos
State Registrations30 states
ARAZCACOCTDCFLGAINKYMAMDMEMNMTNCNHNJNVNYOHORPARISCTNTXUTVAWA
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.