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Benjamin Foster

23 Years of Experience
Palm Beach Garden, FL
Broker

Benjamin Foster is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Palm Beach Garden, FL, 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

Palm Beach Garden, FL

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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

Benjamin owns rental property since 2010, dedicating minimal time as a landlord. He also works as a consultant/independent contractor providing voice-overs for BLT Communications, spending minimal time on this activity.

Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
July 2015 - Present · 11 yrs
Previous Registrations
Barclays Capital INC.
January 2009 - August 2015 · 6 yrs 7 mos
Barclays Capital INC.Broker
September 2008 - August 2015 · 6 yrs 11 mos
Lehman Brothers INC.
April 2005 - October 2008 · 3 yrs 6 mos
Lehman Brothers INC.Broker
April 2005 - September 2008 · 3 yrs 5 mos
Bear, Stearns & CO. INC.
November 2002 - May 2005 · 2 yrs 6 mos
Bear, Stearns & CO. INC.Broker
October 2002 - May 2005 · 2 yrs 7 mos
State Registrations33 states
ARAZCACOCTDCFLIAIDILINMAMDMIMNMONCNHNJNVNYORPAPRRISCSDTXUTVAVTWAWI
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.