AA
AA

Aiman Alosta

12 Years of Experience
Frederick, MD
Broker

Aiman Alosta is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Frederick, MD, with 12 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

30 W Patrick St, Frederick, MD, 21701

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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 Activities

Aiman works as a consultant/independent contractor for Alosta Real Estate Solutions LLC, a business owned by his spouse and her business partner, providing consultation on real estate renovation projects. This takes minimal time.

Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
September 2022 - Present · 3 yrs 8 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
September 2022 - Present · 3 yrs 8 mos
Previous Registrations
Wells Fargo Clearing Services, LLC
May 2013 - September 2022 · 9 yrs 4 mos
Wells Fargo Clearing Services, LLCBroker
April 2013 - September 2022 · 9 yrs 5 mos
State Registrations14 states
DCDEFLMAMDNCNJNYOHPATNTXVAWV
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.
Aiman Alosta - Financial Advisor | TrueAdvisor