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John Acierno

29 Years of Experience
Newport Beach, CA
Broker

John Acierno is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Newport Beach, CA, with 29 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

520 Newport Center Dr, Newport Beach, CA, 92660

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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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Other Business Activities

John owns rental properties since 2019 and 2020. He is also a general partner/managing member of Coastal Cruises Newport, using his captain's license to provide sightseeing tours, dedicating a few hours per week. Additionally, John owns Mcintosh Bay LLC to hold title to a personal boat.

Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
May 2008 - Present · 18 yrs
Previous Registrations
Citigroup Global Markets INC.
July 1997 - June 2008 · 10 yrs 11 mos
Citigroup Global Markets INC.Broker
November 1996 - June 2008 · 11 yrs 7 mos
State Registrations24 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.
John Acierno - Financial Advisor | TrueAdvisor