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Michael Rader

47 Years of Experience
Kennewick, WA
1 DisclosureBroker

Michael Rader is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Kennewick, WA, 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

8121 W Quinault Ave, Kennewick, WA, 99336

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
March 1993
Award / Judgment
Other Business Activities

Michael is the President of Columbia Center Rotary Charity, a non-profit organization, dedicating a few hours per week. He is also a commission member for the Civil Service Commission in the City of Kennewick, spending minimal time per month.

Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
August 2009 - Present · 16 yrs 11 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
August 2009 - Present · 16 yrs 11 mos
Previous Registrations
Morgan Stanley Smith BarneyBroker
June 2009 - September 2009 · 3 mos
Morgan Stanley Smith Barney LLC
June 2009 - September 2009 · 3 mos
Citigroup Global Markets INC.Broker
July 1993 - June 2009 · 15 yrs 11 mos
Citigroup Global Markets INC.
October 1990 - June 2009 · 18 yrs 8 mos
Lehman Brothers INC.Broker
August 1984 - July 1993 · 8 yrs 11 mos
Foster & Marshall/american Express INC.Broker
August 1979 - August 1984 · 5 yrs
Paulson Investment Company, INC.Broker
December 1978 - September 1979 · 9 mos
State Registrations16 states
AZCACOFLHIIDMTNCNJORTXUTVAWAWIWY
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.
Michael Rader - Financial Advisor | TrueAdvisor