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Alexander Hykel

11 Years of Experience
Delray Beach, FL
1 DisclosureBroker

Alexander Hykel is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Delray Beach, FL, with 11 years of industry experience. Alexander 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
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
25502 advisors
Number of Clients
1,838,984 clients
Average Client Portfolio
$969K average
Assets Under Management
$1781.6B

Fee Structure

Investment management only (planning not offered)

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.

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Location

601 E Atlantic Ave, Delray Beach, FL, 33483

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
March 2026
Closed-No Action
Other Business Activities

Alexander owns a house in Jacksonville, FL, since November 2024. This activity requires minimal time and is not investment-related.

Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
November 2024 - Present · 1 yr 11 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
November 2024 - Present · 1 yr 11 mos
Previous Registrations
Equitable Advisors, LLC
June 2024 - August 2024 · 2 mos
Equitable Advisors, LLCBroker
June 2024 - August 2024 · 2 mos
Ameriprise Financial Services, LLC
May 2023 - August 2023 · 3 mos
Ameriprise Financial Services, LLCBroker
April 2023 - August 2023 · 4 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
June 2014 - April 2023 · 8 yrs 10 mos
State Registrations5 states
COFLNJNYPA
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.
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