HP
HP

Hugo Padilla

16 Years of Experience
Los Angeles, CA
Broker

Hugo Padilla is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Los Angeles, CA, with 16 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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Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
January 2026 - Present · 4 mos
Previous Registrations
UBS Financial Services INC.Broker
June 2024 - January 2026 · 1 yr 7 mos
UBS Financial Services INC.
June 2024 - January 2026 · 1 yr 7 mos
Morgan Stanley
January 2023 - June 2024 · 1 yr 5 mos
Morgan StanleyBroker
January 2023 - June 2024 · 1 yr 5 mos
UBS Financial Services INC.
January 2022 - January 2023 · 1 yr
UBS Financial Services INC.Broker
January 2022 - January 2023 · 1 yr
Wells Fargo Clearing Services, LLC
May 2016 - January 2022 · 5 yrs 8 mos
Wells Fargo Clearing Services, LLCBroker
May 2016 - January 2022 · 5 yrs 8 mos
TradekingBroker
September 2012 - May 2016 · 3 yrs 8 mos
Zecco Trading, INC.Broker
October 2009 - December 2012 · 3 yrs 2 mos
Ameriprise Financial Services, INC.
July 2008 - March 2009 · 8 mos
Ameriprise Financial Services, INC.Broker
July 2008 - March 2009 · 8 mos
State Registrations53 states
AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPAPRRISCSDTNTXUTVAVTVirgin IslandsWAWIWVWY
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.