David Sterner
David Sterner is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Oak Brook, IL, with 35 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,738,212 clients with $1500B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
2021 Spring Rd, Oak Brook, IL, 60523
Get directionsHistory
Regulatory History (2)
Customer Dispute
April 2008Customer Dispute
January 2000Other Business Activities
David owns 80% of a vacation home held in an LLC, but devotes no time to it. He is also a committee member for the Max McGraw Wildlife Foundation and an advisory board member for the Church of the Atonement, spending minimal time per month on each.
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations38 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.