Behnam Beheshti
Behnam Beheshti is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Rolling Hills Estates, CA, with 12 years of industry experience. Behnam 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
27411 Hawthorne Blvd, Rolling Hills Estates, CA, 90274
Get directionsHistory
Regulatory History (1)
Customer Dispute
September 2022Other Business Activities
Behnam is involved with two outside business activities. He spends minimal time on each: one is his own investment-related activity, and the other is as a signer for his wife's eyecare practice.
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Previous Registrations
Morgan Stanley
Morgan StanleyBroker
State Registrations53 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
- Kevin OuMerrill Lynch, Pierce, Fenner & Smith Incorporated
- Stewart Darrell, CFADarrell Capital Management, LLC
- Joseph Bachop, CFPWells Fargo Advisors
- Malinda Difley, CFPWells Fargo Advisors
- Richard Sloss, CFPRaymond James & Associates, INC.
- Phillip Schafer, CFPWells Fargo Advisors