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Steven Hrones

25 Years of Experience
Silver Spring, MD
Broker

Steven Hrones is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Silver Spring, MD, 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

Silver Spring, MD

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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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Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
July 2025 - Present · 10 mos
Previous Registrations
UBS Financial Services INC.
May 2020 - August 2025 · 5 yrs 3 mos
UBS Financial Services INC.Broker
May 2020 - August 2025 · 5 yrs 3 mos
Stifel, Nicolaus & Company, Incorporated
May 2009 - April 2020 · 10 yrs 11 mos
Stifel, Nicolaus & Company, IncorporatedBroker
November 2008 - April 2020 · 11 yrs 5 mos
Wachovia Securities, LLCBroker
January 2008 - November 2008 · 10 mos
A. G. Edwards & Sons, INC.Broker
January 2001 - January 2008 · 7 yrs
State Registrations30 states
ALAZCACOCTDCDEFLGAIDILKYMAMDMINCNJNMNVNYPASCTNTXUTVAVTWAWIWV
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.
Steven Hrones - Financial Advisor | TrueAdvisor