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Nestor Vicknair

33 Years of Experience
Houston, TX
2 DisclosuresBroker

Nestor Vicknair is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Houston, TX, with 33 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

800 Capitol St, Houston, TX, 77002

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History

Regulatory History (2)
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
August 2004
Closed-No Action
Customer Dispute
October 2001
Settled
Other Business Activities

Nestor is a trustee for the Vicknair Family Trust and a limited partner in Whiskey Rock LLC, which holds property jointly owned by his wife and father-in-law. He is also a participant in Vicknair Mast Taylor & Assoc, a team of financial advisors, and a general partner in MCV Properties LP and MCV II LLC, both involved in real estate investing, and an investor in 112 D ST LLC.

Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
November 1992 - Present · 33 yrs 8 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
November 1992 - Present · 33 yrs 8 mos
State Registrations51 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.