RM
RM

Robert Marrone

23 Years of Experience
Red Bank, NJ
Broker

Robert Marrone is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Red Bank, NJ, with 23 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

170 Broad St, Red Bank, NJ, 07701

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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

Robert is an officer (Vice President) of the Marlboro Dance Team Booster Club, a non-profit organization that raises funds for the Marlboro High School Dance Team. He dedicates minimal time to this role, coordinating fundraisers and communicating with parents.

Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
June 2019 - Present · 6 yrs 11 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
June 2019 - Present · 6 yrs 11 mos
Previous Registrations
Wells Fargo Clearing Services, LLCBroker
October 2004 - May 2019 · 14 yrs 7 mos
Wells Fargo Clearing Services, LLC
October 2004 - May 2019 · 14 yrs 7 mos
Metlife Securities INC.
February 2004 - June 2004 · 4 mos
Metlife Securities INC.Broker
September 2002 - June 2004 · 1 yr 9 mos
Metropolitan Life Insurance CompanyBroker
September 2002 - June 2004 · 1 yr 9 mos
Electronic Trading Group, LLCBroker
October 2001 - December 2001 · 2 mos
State Registrations2 states
NJNY
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.