Charles Royal
Charles Royal is a CFP-designated registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Raleigh, NC, with 8 years of industry experience. Charles 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
4242 Six Forks Rd, Raleigh, NC, 27609
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Charles is a small group Bible study leader at Trinity Baptist Church, a board of trustee member at Meredith College, an executive board member at Raleigh Chamber, and a board member at The Green Chair Project. These activities are not investment-related and require minimal time commitments.
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Previous Registrations
Wells Fargo Clearing Services, LLC
Wells Fargo Clearing Services, LLCBroker
State Registrations1 state
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
- Sean GygerMerrill Lynch, Pierce, Fenner & Smith Incorporated
- L James, CFPMerrill Lynch, Pierce, Fenner & Smith Incorporated
- Philip GorgeMerrill Lynch, Pierce, Fenner & Smith Incorporated
- William BosticMerrill Lynch, Pierce, Fenner & Smith Incorporated
- Brock AdamsMerrill Lynch, Pierce, Fenner & Smith Incorporated
- Jack TaylorMerrill Lynch, Pierce, Fenner & Smith Incorporated