Andrew Clyne
Andrew Clyne is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Greensboro, NC, with 13 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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
800 Green Valley Rd, Greensboro, NC, 27408
Get directionsHistory
Regulatory History (1)
Regulatory
August 2016Other Business Activities
Andrew is a general partner with 50% ownership in Pancho Holdings LLC, a residential real estate holding company, but has no active management duties. He also has ownership in two rental properties, dedicating minimal time to each.
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Previous Registrations
Summit Equities INC
Summit Financial Resources INC
Summit Equities, INC.Broker
Northwestern Mutual Investment Services, LLCBroker
State Registrations28 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.
Exams
More Advisors
- David MarcusMerrill Lynch, Pierce, Fenner & Smith Incorporated
- Stephen SharkeyMerrill Lynch, Pierce, Fenner & Smith Incorporated
- Justin MooreMerrill Lynch, Pierce, Fenner & Smith Incorporated
- Erick EllsweigMerrill Lynch, Pierce, Fenner & Smith Incorporated
- Sanders Cockman, CFPMerrill Lynch, Pierce, Fenner & Smith Incorporated
- Gregory GibsonMerrill Lynch, Pierce, Fenner & Smith Incorporated