MA
MA

Michael Anderson

27 Years of Experience
Batavia, NY
1 DisclosureBroker

Michael Anderson is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Batavia, NY, with 27 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

21 Masse Pl, Batavia, NY, 14020

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History

Regulatory History (1)
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Customer Dispute
May 2010
Denied
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
September 2015 - Present · 10 yrs 8 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
August 2012 - Present · 13 yrs 9 mos
Previous Registrations
Morgan Stanley Smith BarneyBroker
June 2009 - September 2012 · 3 yrs 3 mos
Morgan Stanley & CO. IncorporatedBroker
July 2007 - June 2009 · 1 yr 11 mos
Citigroup Global Markets INC.Broker
June 1999 - August 2007 · 8 yrs 2 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
August 1998 - June 1999 · 10 mos
State Registrations13 states
AZCACOFLGANCNJNYPASCTXVAWA
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.