Marc Demello
Marc Demello is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Red Bank, NJ, with 38 years of industry experience. Marc 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
77 Broad St, Red Bank, NJ, 07701
Get directionsHistory
Regulatory History (8)
Judgment / Lien
April 2026Judgment / Lien
September 2025Judgment / Lien
October 2024Judgment / Lien
August 2024Judgment / Lien
February 2023Judgment / Lien
May 2022Customer Dispute
April 2022Customer Dispute
April 1998Other Business Activities
Marc is a member of Vendetta Rose LLC, a family-held LLC, dedicating minimal time. He also works as an Uber and Lyft driver, spending a few hours per week on Uber and an unspecified amount of time on Lyft.
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Previous Registrations
Morgan StanleyBroker
Morgan Stanley & CO. IncorporatedBroker
Bear, Stearns & CO. INC.Broker
Glickenhaus & CO. - New JerseyBroker
State Registrations19 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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