Frank Aiello is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Paramus, NJ, with 47 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

115 W Century Rd, Paramus, NJ, 07652

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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

Frank is a committee member for the Fordham University Hall of Fame, starting in 2004. He spends minimal time on this activity.

Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
March 1999 - Present · 27 yrs 4 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
July 1998 - Present · 28 yrs
Previous Registrations
Deutsche Morgan Grenfell INC.Broker
September 1993 - March 1998 · 4 yrs 6 mos
Deutsche Bank Government Securities, INCBroker
October 1992 - September 1993 · 11 mos
Deutsche Bank Capital CorporationBroker
June 1992 - September 1993 · 1 yr 3 mos
Discount Corporation of New York FuturesBroker
November 1988 - December 1992 · 4 yrs 1 mo
Discount Corporation of New YorkBroker
July 1987 - April 1992 · 4 yrs 9 mos
Discount Corporation of New York MunicipalsBroker
February 1986 - January 1990 · 3 yrs 11 mos
Kenney & Branisel Municipals, INC.Broker
January 1983 - June 1985 · 2 yrs 5 mos
First Investors CorporationBroker
June 1982 - December 1991 · 9 yrs 6 mos
Marks, Allen & CO.Broker
June 1979 - January 1983 · 3 yrs 7 mos
Wm. E. Pollock & CO., INC.Broker
March 1978 - February 1979 · 11 mos
State Registrations41 states
ALARAZCACOCTDCDEFLGAHIIDILINKYMAMDMEMIMTNCNHNJNVNYOHOKORPAPRRISCTNTXUTVAVTVirgin IslandsWAWIWY
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.