LS
LS

Lawrence Sailer

47 Years of Experience
Wayne, NJ
2 DisclosuresBroker

Lawrence Sailer is a registered investment advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated, based in Wayne, 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

1700 State Route 23, Wayne, NJ, 07470

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History

Regulatory History (2)
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
September 2008
Settled
Customer Dispute
July 2004
Denied
Employment History
Current Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
April 2010 - Present · 16 yrs 1 mo
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
February 1979 - Present · 47 yrs 3 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
February 1979 - Present · 47 yrs 3 mos
Previous Registrations
Merrill Lynch Pierce Fenner & Smith INC.
April 1992 - January 2005 · 12 yrs 9 mos
State Registrations24 states
CACOCTDCDEFLGAILKSKYMAMDMENCNJNMNYOHORPASCTNTXVA
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.