Sean Gaffey
Sean Gaffey is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in New York, NY, with 24 years of industry experience. Sean 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
One Bryant Park, New York, NY, 10036
Get directionsHistory
Regulatory History (8)
Customer Dispute
June 2010Customer Dispute
August 2009Customer Dispute
March 2009Customer Dispute
October 2008Customer Dispute
September 2008Customer Dispute
August 2008Customer Dispute
July 2008Customer Dispute
April 2008Other Business Activities
Sean's wife does consulting work in branding, marketing, PR, and communications through Spike Island LLC, which Sean co-owns. He spends minimal time on this activity.
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
E*trade Securities LLCBroker
Wall Street Access Advanced Strategies, LLC
Wall Street AccessBroker
UBS Painewebber INC.Broker
Cibc World Markets CORP.Broker
State Registrations33 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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