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Andres Alminana

17 Years of Experience
Palm Beach, FL
1 DisclosureBroker

Andres Alminana is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Palm Beach, FL, with 17 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

249 Royal Palm Way, Palm Beach, FL, 33480

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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
May 2023
Denied
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
August 2016 - Present · 9 yrs 9 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
August 2016 - Present · 9 yrs 9 mos
Previous Registrations
Morgan Stanley
September 2013 - July 2016 · 2 yrs 10 mos
Morgan StanleyBroker
September 2013 - July 2016 · 2 yrs 10 mos
Signator Investors, INC.
May 2009 - September 2013 · 4 yrs 4 mos
Signator Investors, INC.
December 2008 - February 2009 · 2 mos
Signator Investors, INC.Broker
December 2008 - September 2013 · 4 yrs 9 mos
Ameriprise Financial Services, INC.
January 2008 - February 2008 · 1 mo
Ameriprise Financial Services, INC.Broker
November 2007 - February 2008 · 3 mos
State Registrations15 states
AZCACOCTDCFLGAMAMDNCNJNYPATXVA
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.
Andres Alminana - Financial Advisor | TrueAdvisor