Anand Desai
Anand Desai is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in New York, NY, with 6 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
225 Liberty St, New York, NY, 10281
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Regulatory History (1)
Financial
June 2018Other Business Activities
Anand manages rental income and expenses for several LLCs related to real estate, including Bloomfield Hills Medical Building, 301A North Ocean, Single Island Resort, 2700 506B LLC, and RF 9G LLC. Anand also owns a 2% share of STADESAI Holding Co, which holds the other rental income properties; Anand's Florida real estate license is voluntarily inactive.
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations18 states
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