AP
AP

Andrew Piet

15 Years of Experience
New York, NY
1 DisclosureBroker

Andrew Piet is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in New York, NY, with 15 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

One Bryant Park, New York, NY, 10036

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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 2015
Settled
Other Business Activities

Andrew is the treasurer and a board member for the Reisterstown Kiwanis Foundation Inc, a charitable organization focused on child welfare, since 2021. He dedicates a few hours per week to this role.

Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
October 2022 - Present · 3 yrs 7 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
October 2022 - Present · 3 yrs 7 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
October 2022 - Present · 3 yrs 7 mos
Previous Registrations
Wells Fargo Clearing Services, LLCBroker
December 2017 - August 2022 · 4 yrs 8 mos
Wells Fargo Clearing Services, LLC
December 2017 - August 2022 · 4 yrs 8 mos
Bb&t Investment Services, INC.
September 2016 - September 2017 · 1 yr
Bb&t Investment Services, INC.Broker
September 2016 - September 2017 · 1 yr
PNC Investments
August 2010 - August 2016 · 6 yrs
PNC InvestmentsBroker
June 2010 - August 2016 · 6 yrs 2 mos
State Registrations1 state
MD
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.