HM
HM

Hovhannes Markosyan

4 Years of Experience
Los Angeles, CA
Broker

Hovhannes Markosyan is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Los Angeles, CA, with 4 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

333 S Hope St, Los Angeles, CA, 90071

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History

Regulatory History
Clean regulatory record

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.

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Other Business Activities

Hovhannes is the CEO of an S Corporation providing management consulting services, dedicating minimal time. He is also a general partner/managing member of Mary Jane Properties LLC, overseeing land development and rental property management, and a director for Armerica, a non-profit focused on the Armenian community, dedicating a few hours per week.

Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
April 2023 - Present · 3 yrs 3 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
April 2023 - Present · 3 yrs 3 mos
Previous Registrations
J.P. Morgan Securities LLCBroker
October 2022 - March 2023 · 5 mos
J.P. Morgan Securities LLC
October 2022 - March 2023 · 5 mos
Equitable Advisors, LLC
June 2021 - September 2022 · 1 yr 3 mos
Equitable Advisors, LLCBroker
February 2021 - September 2022 · 1 yr 7 mos
State Registrations52 states
AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPARISCSDTNTXUTVAVTVirgin IslandsWAWIWVWY
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.
Hovhannes Markosyan - Financial Advisor | TrueAdvisor