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Andrew Cunningham

16 Years of Experience
Reno, NV
1 DisclosureBroker

Andrew Cunningham is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Reno, NV, with 16 years of industry experience. Andrew is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 1,838,984 clients with $1800B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
25502 advisors
Number of Clients
1,838,984 clients
Average Client Portfolio
$969K average
Assets Under Management
$1781.6B

Fee Structure

Investment management only (planning not offered)

Managed Account Advisors and Merrill Lynch charge an asset-based fee called the Account Fee, which consists of two parts:

  • Investment Management and Trust Fee — Paid to Bank of America for its services, with rates set in your client agreement and subject to negotiation based on your portfolio value and account size.
  • Style Manager Expense — Paid to the specific manager of your chosen strategy, generally ranging from 0.00% to 0.50% per year, and does not change based on portfolio size.

Total fees vary depending on the specific strategies and account size, and are deducted directly from your account on a regular basis.

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Location

5370 Kietzke Ln, Reno, NV, 89511

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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
April 2016
Settled
Other Business Activities

Andrew is a committee member of the Reno Central Rotary Club, a non-profit charitable organization, since 2017. He spends a few hours per week on membership recruitment and retention.

Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
December 2011 - Present · 14 yrs 10 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
December 2011 - Present · 14 yrs 10 mos
Previous Registrations
Morgan Stanley Smith Barney LLC
June 2009 - February 2010 · 8 mos
Morgan Stanley Smith BarneyBroker
June 2009 - February 2010 · 8 mos
Morgan Stanley & CO. Incorporated
January 2009 - June 2009 · 5 mos
Morgan Stanley & CO. IncorporatedBroker
December 2008 - June 2009 · 6 mos
State Registrations10 states
CAFLHIMONCNVORTXUTWA
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.
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