Nicolas Castaneda
Nicolas Castaneda is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Peoria, AZ, with 29 years of industry experience. Nicolas 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
14100 N 83rd Ave, Peoria, AZ, 85381
Get directionsHistory
Regulatory History (6)
Customer Dispute
January 2014Customer Dispute
June 2009Customer Dispute
October 2008Customer Dispute
July 2008Customer Dispute
September 2002Customer Dispute
February 2001Other Business Activities
Nicolas owns several LLCs (Cas-AZ-NEDA LLC, Cas-NEB-NEDA LLC, Cas-Mizzou-neda LLC, Cas-KC-NEDA LLC, Cas-Balt-neda LLC, and Cas-Harbor-neda LLC) that own rental properties. He dedicates minimal time to each LLC, except for Cas-NEB-NEDA LLC, which requires about 2.5 hours per month.
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Previous Registrations
Morgan Stanley Smith BarneyBroker
Morgan Stanley & CO. IncorporatedBroker
Morgan Stanley Dw INC.Broker
Wachovia Securities, LLCBroker
Prudential Securities IncorporatedBroker
Painewebber IncorporatedBroker
Pruco Securities CorporationBroker
State Registrations43 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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