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Michael Mckay

11 Years of Experience
San Jose, CA
1 DisclosureBroker

Michael Mckay is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in San Jose, CA, with 11 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

50 W San Fernando St, San Jose, CA, 95113

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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.
Regulatory
January 2019
Final
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
April 2015 - Present · 11 yrs 1 mo
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
January 2015 - Present · 11 yrs 4 mos
State Registrations26 states
ALARAZCACOCTDCFLIDLAMAMEMIMONCNHNVNYORPATNTXUTVAWAWI
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.
Michael Mckay - Financial Advisor | TrueAdvisor