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Hugh Severs

14 Years of Experience
Spokane, WA
BrokerSells Insurance

Hugh Severs is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Spokane, WA, with 14 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

601 W Riverside Ave, Spokane, WA, 99201

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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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Other Business ActivitiesSells Insurance

Hugh is a city councilman, spends time on landscape design, and owns North Forty Four, LLC. He may also earn commissions from selling non-variable life, health, annuity, and/or disability income insurance products, and is a board member for HUB Sports Center (a few hours per week) and Spokane Valley Chamber of Commerce (minimal time).

Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
October 2022 - Present · 3 yrs 9 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
October 2022 - Present · 3 yrs 9 mos
Previous Registrations
Northwestern Mutual Investment Services,llc
July 2014 - October 2022 · 8 yrs 3 mos
Northwestern Mutual Investment Services, LLCBroker
February 2012 - October 2022 · 10 yrs 8 mos
State Registrations22 states
AKAZCAGAHIIDILMAMDMEMIMTNCNVNYOHORPASCUTVAWA
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.
Hugh Severs - Financial Advisor | TrueAdvisor