DT
DT

Destin Thomas

14 Years of Experience
Los Angeles, CA
Broker

Destin Thomas is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Los Angeles, CA, with 14 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

2049 Century Park E, Pbig - Century City, Los Angeles, CA, 90067

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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

Destin owns and manages multiple rental properties, dedicating about 10-20% of his time to these activities. He is also a general partner/managing member of an LLC involved in rental property ownership, spending minimal time on this.

Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
July 2024 - Present · 2 yrs
Previous Registrations
City National Securities, INC.
December 2020 - May 2024 · 3 yrs 5 mos
City National Securities, INC.Broker
December 2020 - May 2024 · 3 yrs 5 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
November 2017 - December 2020 · 3 yrs 1 mo
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
June 2017 - December 2020 · 3 yrs 6 mos
Cetera Advisor Networks LLCBroker
November 2016 - May 2017 · 6 mos
First Allied Securities, INC.Broker
November 2016 - May 2017 · 6 mos
Girard Securities, INC.Broker
November 2016 - May 2017 · 6 mos
Summit Brokerage Services, INC.Broker
November 2016 - May 2017 · 6 mos
Cetera Advisors LLCBroker
November 2016 - May 2017 · 6 mos
Cetera Financial Specialists LLCBroker
November 2016 - May 2017 · 6 mos
Cetera Investment Services LLCBroker
November 2016 - May 2017 · 6 mos
Cetera Advisor Networks LLC
October 2016 - May 2017 · 7 mos
National Planning Corporation ("npc of America" in Fl & Ny)
January 2010 - October 2014 · 4 yrs 9 mos
National Planning CorporationBroker
August 2009 - October 2014 · 5 yrs 2 mos
State Registrations29 states
AZCACOCTDEFLGAIDILKSMAMDMIMNMONCNHNJNVNYOHPASCSDTNTXUTVAWY
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.
Destin Thomas - Financial Advisor | TrueAdvisor