BC
BC

Billy Chiu

19 Years of Experience
Los Angeles, CA
1 DisclosureBroker

Billy Chiu is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Los Angeles, CA, with 19 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

333 S Hope St, Los Angeles, CA, 90071

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
June 2009
Settled
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
October 2009 - Present · 16 yrs 7 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
October 2009 - Present · 16 yrs 7 mos
Previous Registrations
Banc of America Investment Services, INC.Broker
October 2006 - October 2009 · 3 yrs
Banc of America Investment Services, INC.
October 2006 - October 2009 · 3 yrs
Ameriprise Financial Services, INC.
September 2005 - September 2005 · 0 mos
Ameriprise Financial Services, INC.Broker
August 2005 - September 2005 · 1 mo
Ids Life Insurance CompanyBroker
August 2005 - September 2005 · 1 mo
State Registrations20 states
AKAZCACODCFLHIILLAMAMNNCNMNVNYORSCTXVAWA
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.
Billy Chiu - Financial Advisor | TrueAdvisor