Raymond Abbate
Raymond Abbate is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Red Bank, NJ, with 51 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,738,212 clients with $1500B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
77 Broad St, Red Bank, NJ, 07701
Get directionsHistory
Regulatory History (4)
Customer Dispute
December 2011Customer Dispute
May 2009Customer Dispute
May 2002Customer Dispute
November 1986Other Business Activities
Raymond is a trustee of the Denise Lugar Scholarship Fund, which provides scholarships to graduating high school students. He dedicates minimal time to this activity.
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Previous Registrations
Morgan Stanley Smith Barney LLC
Morgan Stanley Smith BarneyBroker
Citigroup Global Markets INC.
Citigroup Global Markets INC.Broker
Lehman Brothers INC.Broker
Bache Halsey Stuart Shields IncorporatedBroker
First Jersey Securities, INC.Broker
Mayflower Securities CO., INC.Broker
State Registrations21 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.