LH
LH

Larry Hamre

34 Years of Experience
Sioux Falls, SD
1 DisclosureBroker

Larry Hamre is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Sioux Falls, SD, with 34 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

110 S Phillips Ave, Sioux Falls, SD, 57104

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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 2009
Denied
Other Business Activities

Larry is a board member and treasurer for the First Lutheran Church Foundation, starting in April 2024. He dedicates minimal time quarterly to promote and monitor fund disbursement to the church, with no disbursement authority.

Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
December 2010 - Present · 15 yrs 5 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
December 2010 - Present · 15 yrs 5 mos
Previous Registrations
Wells Fargo Investments, LLC
May 2006 - December 2010 · 4 yrs 7 mos
Wells Fargo Brokerage Services, L.L.C.Broker
December 2000 - December 2003 · 3 yrs
Wells Fargo Investments, LLCBroker
December 2000 - December 2010 · 10 yrs
Wells Fargo Brokerage Services, L.L.C.Broker
April 1991 - December 2000 · 9 yrs 8 mos
State Registrations18 states
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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.