WA
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Wigberto Astacio

9 Years of Experience
Los Angeles, CA
1 DisclosureBroker

Wigberto Astacio is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Los Angeles, CA, with 9 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

333 S Hope St, Los Angeles, CA, 90071

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History

Regulatory History (1)
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Financial
April 2019
Final
Other Business Activities

Wigberto owns and manages Astacio Properties, a rental property business, since 2019, dedicating a few hours per week. He is also the sole owner of another rental property in Los Angeles, spending a few hours per week on it.

Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
April 2023 - Present · 3 yrs 1 mo
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
April 2023 - Present · 3 yrs 1 mo
Previous Registrations
MML Investors Services, LLC
September 2022 - March 2023 · 6 mos
MML Investors Services, LLCBroker
September 2022 - March 2023 · 6 mos
Edward JonesBroker
April 2022 - June 2022 · 2 mos
Principal Securities, INC.Broker
January 2020 - January 2022 · 2 yrs
Adp Broker-Dealer, INC.Broker
April 2016 - January 2019 · 2 yrs 9 mos
Northwestern Mutual Investment Services, LLCBroker
June 2014 - March 2015 · 9 mos
State Registrations10 states
AZCAFLNJNVNYORPRTXWA
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.