David Shoaff
David Shoaff is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Tucson, AZ, 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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
Tucson, AZ
Get directionsHistory
Regulatory History (2)
Customer Dispute
November 2016Criminal
June 1995Other Business Activities
David is a manager at DBS Holdings, LLC (real estate holding) since 2005, a limited partner at TKM Holdings, LLC since 2007 (dedicating a few hours per week), a limited partner at Park Avenue PSU LLC since 2018, a general partner/managing member at DCM Holdings, LLC since 2024, and a co-owner of Rental Property 1 since 2024.
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Merrill Lynch, Pierce, Fenner & Smith Incorporated
State Registrations35 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.