Shyam Bhatia
Shyam Bhatia is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Sugar Land, TX, with 3 years of industry experience. Shyam 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
1212 Hwy 6, Sugar Land, TX, 77478
Get directionsHistory
Regulatory History (1)
Financial
October 2025Other Business ActivitiesSells Insurance
Shyam is an insurance agent selling fixed insurance products since 2022, dedicating a few hours per week. Since 2024, Shyam also works as a financial advisor at IMG Financial Group, providing insurance, securities, and advisory services, which takes about a quarter of his time.
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Previous Registrations
Cetera Wealth Services, LLCBroker
Cetera Investment Advisers LLC
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
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
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