Elizabeth Anderson
Elizabeth Anderson is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Asheville, NC, with 9 years of industry experience. Elizabeth 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
892 Merrimon Ave, Asheville, NC, 28804
Get directionsHistory
Regulatory History (1)
Financial
October 2023Other Business ActivitiesSells Insurance
Elizabeth works as a Financial Services Officer for State Employees' Credit Union, dedicating nearly all of her time to this role. She is also an agent for SECU Life Insurance Company and a Trust Rep for Members Trust Company, dedicating minimal time to the latter. Additionally, Elizabeth is an independent distributor for Herbalife, spending a few hours per week helping clients with nutrition and selling health products.
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Previous Registrations
Credit Union Investment Services
Secu Brokerage ServicesBroker
State Registrations8 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
- Eugene Szymanski, ChFCMerrill Lynch, Pierce, Fenner & Smith Incorporated
- Savannah McclureMerrill Lynch, Pierce, Fenner & Smith Incorporated
- Douglas BaileyMerrill Lynch, Pierce, Fenner & Smith Incorporated
- Skyler DuncanMerrill Lynch, Pierce, Fenner & Smith Incorporated
- Larry Scott, CFPCambridge Investment Research Advisors, INC.
- Elmer Wessel, CFA, CFPWessel Investment Counsel, L.L.C.