Carl Cafaro
Carl Cafaro is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Wellesley Hills, MA, 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
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
June 2006Customer Dispute
June 2004Other Business Activities
Carl is a committee member for Assumption College's investment committee and a Trustee for the college, dedicating minimal time to each role. He also owns rental property and is an owner of Cafaro Deck Properties LLC, with no responsibilities other than investing capital, and is a board member for Engaging Minds, Inc.
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Previous Registrations
Banc of America Investment Services, INC.
Banc of America Investment Services, INC.Broker
Quick & Reilly, INC.
Quick & Reilly, INC.Broker
Strategic Advisers INC.
Fidelity Brokerage Services LLCBroker
State Registrations47 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.