Robert Areano
Robert Areano is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Wellesley Hills, MA, with 26 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,738,212 clients with $1500B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
45 William St, Wellesley Hills, MA, 02481
Get directionsHistory
Regulatory History (2)
Customer Dispute
October 2009Customer Dispute
May 2009Other Business Activities
Robert and his wife will be filmed for a reality TV show called Island Life, which documents the process of looking at different homes. This activity requires minimal time and is not investment-related.
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Previous Registrations
Banc of America Investment Services, INC.Broker
Banc of America Investment Services, INC.
Quick & Reilly, INC.
Quick & Reilly, INC.Broker
Fis Securities, INC.Broker
Bankboston Investor Services, INC.Broker
State Registrations13 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.