David Lowenthal
David Lowenthal is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Lakewood, NJ, with 29 years of industry experience. David 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
Lakewood, NJ
Get directionsHistory
Regulatory History (8)
Customer Dispute
August 2015Customer Dispute
October 2010Customer Dispute
October 2010Customer Dispute
June 2010Customer Dispute
January 2010Customer Dispute
January 2010Customer Dispute
January 2010Customer Dispute
December 2009Other Business Activities
David is a trustee for the Zichron Avigdor Foundation, a non-profit charitable foundation, since 2004. He also serves as a trustee for the MS 2023 Irrevocable Trust, dedicating minimal time to both activities.
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Previous Registrations
UBS Financial Services INC.Broker
Prudential Securities IncorporatedBroker
State Registrations16 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
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