Fred Berry
Fred Berry is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in La Jolla, CA, with 31 years of industry experience. Fred 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
7825 Fay Ave, La Jolla, CA, 92037
Get directionsHistory
Regulatory History (1)
Customer Dispute
October 2013Other Business Activities
Fred's wife owns Legal Ease LLC, and he reports no affiliation or responsibilities within the company, dedicating minimal time annually. Fred also has Power of Attorney for MLPF& S CUST FPO IDA H IRRA FBO I H, dedicating minimal time annually.
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations14 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
More Advisors
- Spiros ProtopsaltisMerrill Lynch, Pierce, Fenner & Smith Incorporated
- Douglas CochranMerrill Lynch, Pierce, Fenner & Smith Incorporated
- Oliver KearneyMerrill Lynch, Pierce, Fenner & Smith Incorporated
- Yuanyuan XueMerrill Lynch, Pierce, Fenner & Smith Incorporated
- John BrowMerrill Lynch, Pierce, Fenner & Smith Incorporated
- Brian SextonMerrill Lynch, Pierce, Fenner & Smith Incorporated