Investment adviser · CRD 7691
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
Investment adviser filing (IA)
NEW YORK, NY, United States · Form ADV filed Sep 24, 2026
- Regulatory AUM
- $1.78T Form ADV · Item 5.F
- Client accounts
- 3,253,265 Accounts, not individual clients
- Employees
- 32,960 Reported in this filing
- Advisory professionals
- 25,721 Investment advisory functions
Who they report serving
Form ADV · Item 5.DClient types and their share of reported regulatory assets.
| Client type | Clients | Regulatory assets | Share of AUM |
|---|---|---|---|
| High-net-worth individuals | 521,763 | $1,227,514,988,596 | 68.9% |
| Individuals | 1,269,968 | $313,526,151,491 | 17.6% |
| Corporations & businesses | 22,807 | $131,162,037,399 | 7.4% |
| Retirement plans | 17,422 | $58,949,419,940 | 3.3% |
| Charities | 6,759 | $43,032,050,220 | 2.4% |
| Insurance companies | 246 | $5,947,336,753 | 0.3% |
| Other clients | 19 | $1,436,187,080 | 0.1% |
Filing source
Form ADV 2134605 · Sep 24, 2026 · Item 5.D
Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.
Private funds & service providers
0 Private fundsThe count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.
This filing answers No to private funds.
Services & filing details
Most recent filing: Sep 24, 2026. View historical filings
Reported services
Individual portfolio management · Business portfolio management · Pension consulting · Selection of other advisers · Educational seminars
Compensation
Percentage of assets · Fixed · Commissions
Principal office
ONE BRYANT PARKNEW YORK, NY, 10036, United States
CRD 7691
Filing source
Form ADV 2134605 · Sep 24, 2026 · Items 1 & 5
Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.