Ronald Grimm
Ronald Grimm is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in San Pedro, CA, with 23 years of industry experience. Ronald 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
800 N Western Ave, San Pedro, CA, 90732
Get directionsHistory
Regulatory History (1)
Criminal
November 1994Other Business Activities
Ronald has two outside business activities, both under his name, started in 2019. One is simply listed as "Ronald Grimm" and the other as "Ronald Grimm RV", each requiring minimal time.
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Previous Registrations
Penniall & Associates
F500 Advisory Services, INC.
Finance 500, INC.Broker
Gunnallen Financial, INC
Gunnallen Financial, INCBroker
Wamu Investments, INC.Broker
Wamu Investments, INC.
Morgan Stanley
Morgan Stanley Dw INC.Broker
State Registrations9 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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