EG
EG

Ellen Grove

31 Years of Experience
Los Angeles, CA
Broker

Ellen Grove is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Los Angeles, CA, with 31 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

2049 Century Park E, Pbig - Century City, Los Angeles, CA, 90067

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
March 2015 - Present · 11 yrs 2 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
February 2015 - Present · 11 yrs 3 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
February 2015 - Present · 11 yrs 3 mos
Previous Registrations
Morgan Stanley
July 2011 - December 2012 · 1 yr 5 mos
Morgan StanleyBroker
June 2009 - February 2015 · 5 yrs 8 mos
Citigroup Global Markets INC.Broker
March 2003 - June 2009 · 6 yrs 3 mos
Fahnestock & CO. INC.Broker
January 2003 - March 2003 · 2 mos
Cibc World Markets CORP.Broker
August 1997 - January 2003 · 5 yrs 5 mos
The Boston GroupBroker
June 1996 - July 1997 · 1 yr 1 mo
Kensington Securities, INC.Broker
September 1994 - July 1996 · 1 yr 10 mos
Gerwin Stinziano Securities INC.Broker
July 1994 - September 1994 · 2 mos
State Registrations20 states
AZCACOCTDEFLILINMIMNNCNHNJNVNYORPASCTXWA
AdvisorBroker

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.