Merrill Lynch

Wealth Management Firm in South Bend, IN

Firm Info
Address: 100 N Michigan St, South Bend, IN 46601, USA
Phone: (574) 282-3600

Firm Size
Assets Under Management: $1.1 trillion
# of Advisors: 27,423
# of Clients: 2.6 million
Client to Advisor Ratio: 95:1
Average Account Size: $414,560
# of Offices: 1

Services Offered
  • Portfolio Management for Individuals & Small Businesses
  • Portfolio Management of Pooled Investment Vehicles
  • Portfolio Management for Businesses or Institutional Clients
  • Pension Consulting Services
  • Selection of Others Advisors
  • Other

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth

  • Banking Institutions
  • Pension & Profit Sharing Plans
  • Charitable Organizations
  • Insurance Companies
  • Corporations or Other Businesses Not Listed Above

Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Fixed Fees (Other than subscription)
  • Commissions

Get Connected with a Financial Advisor

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Merrill Lynch, Pierce, Fenner & Smith Incorporated Overview

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED is a reputable broker-dealer registered investment advisory firm, headquartered in New York, NY. Since 1978, the firm has been providing investment advice to a broad range of clients, utilizing a fee-based fee arrangement. As part of its suite of services, MERRILL LYNCH offers portfolio management services to both individuals and small businesses, as well as pooled investment vehicles and business or institutional clients. The firm's team of investment professionals also provides pension consulting services and can assist clients in selecting other advisors to meet their investment objectives. Additionally, MERRILL LYNCH offers a range of other valuable services, including performance measurement reports, allocation modeling, investment policy statements (IPS), and research reports. The firm's research services are especially valuable to clients seeking accurate market insights to guide their investment decisions. Overall, MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED has a long-standing reputation for providing comprehensive and effective investment advisory services to a diverse group of clients.

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED is a financial management firm that serves a diverse range of clients. They cater to individuals seeking financial guidance, high net worth individuals looking for comprehensive wealth management services, banking institutions in need of investment advice, pension or profit sharing plans seeking expert direction, charitable organizations seeking investment management or financial planning services, insurance companies requiring investment management services, and other corporation types not listed. The firm is committed to providing tailored solutions that align with the unique goals, objectives, and risk tolerance of each client. In terms of fee structures, MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED provides different options depending on the service provided. Clients have the choice of paying a percentage of assets under management (AUM) as an ongoing management fee, which varies based on the size of their portfolio. Alternatively, the firm offers fixed fees for specific services, such as financial planning or tax preparation. For those requesting transactional services, such as the buying and selling of securities, they can choose to pay on commission. The firm provides complete transparency in all fee structures and ensures that costs are clearly communicated and aligned with client expectations.

Typical Clients, Fee Structures & Investment Minimum

The minimum account size for a MAS Account with Merrill Lynch, Pierce, Fenner & Smith Incorporated generally is $100,000, but they may accept accounts less than $100,000 at their discretion. However, certain Investment Manager Strategies require minimum investment amounts as determined by the Investment Manager.

How This Office Can Help South Bend, IN Residents

Merrill Lynch is a financial advisor and wealth management firm that provides a range of services to clients in South Bend, IN. The firm offers personalized solutions to help individuals and businesses achieve their financial goals. For example, those living in South Bend might be facing debt issues due to medical bills or student loans, and Merrill Lynch provides strategies to help manage and reduce debt. Additionally, the high unemployment rate in South Bend may mean that people face challenges in saving for retirement, and the firm can help with creating a retirement plan and investment strategies to meet their long-term financial goals. The Merrill Lynch team in South Bend is committed to providing clients with financial guidance and support, and they work closely with each client to develop a customized plan that aligns with their interests and goals.

To view the Minimum Investment and Fee Schedule for Merrill Lynch, Pierce, Fenner & Smith Incorporated, visit their Part 2 Brochure.

Services Offered by Merrill Lynch, Pierce, Fenner & Smith Incorporated

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.


Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Merrill Lynch, Pierce, Fenner & Smith Incorporated most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Available
Percentage of Assets Under Management (AUM)
Fixed Fees (Other than subscription)
Commissions
Unavailable
Hourly
Subscription (Newsletter or Periodical)
Performance-based Fees
Other

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.


This Office Location

Firm location 100 N Michigan St, South Bend, IN 46601, USA
Phone (574) 282-3600
Opening Hours
  • Mon 9 AM–5 PM
  • Tue 9 AM–5 PM
  • Wed 9 AM–5 PM
  • Thu 9 AM–5 PM
  • Fri 9 AM–5 PM
  • Sat Closed
  • Sun Closed
Directions
Google My Business Reviews:
5 Stars  |  1 Reviews

Other Office Locations

Firm Headquarters
Firm headquarters location ONE BRYANT PARK, NEW YORK, NY 10036, United States

This firm has no other locations.

State Registrations

Merrill Lynch, Pierce, Fenner & Smith Incorporated is registered to service clients in the following states:

  • Alabama
  • Alaska
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • District of Columbia
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Virgin Islands

Disciplinary History

Merrill Lynch, Pierce, Fenner & Smith Incorporated does not have any disclosures. Please visit it's Form ADV for more details.

FREQUENTLY ASKED QUESTIONS

Integrated Wealth Management FAQs