Scott Nettune is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Summit, NJ, with 25 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

1 Deforest Ave, Summit, NJ, 07901

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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

Scott is an advisory board member for Soft Bones, a non-profit charitable organization, since 2017. He spends minimal time advising on strategy and visibility for the organization.

Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
December 2017 - Present · 8 yrs 5 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
December 2017 - Present · 8 yrs 5 mos
Previous Registrations
Wells Fargo Clearing Services, LLC
September 2014 - January 2018 · 3 yrs 4 mos
Wells Fargo Clearing Services, LLCBroker
May 2014 - January 2018 · 3 yrs 8 mos
J.P. Morgan Securities LLCBroker
October 2008 - March 2014 · 5 yrs 5 mos
J.P. Morgan Securities INC.Broker
May 2001 - October 2008 · 7 yrs 5 mos
J.P. Morgan Securities INC.Broker
March 2001 - May 2001 · 2 mos
J. P. Morgan Advisors, INC.Broker
April 2000 - March 2001 · 11 mos
State Registrations17 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.