# MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED of NEW YORK, NY is an SEC-registered investment adviser.

## Registration

- CRD: 7691
- Type: SEC-registered investment adviser
- SEC file number: 801-14235
- Location: ONE BRYANT PARK, NEW YORK, NY, 10036
- Phone: 800-637-7455
- Latest filing: 2026-08-03
- Regulatory AUM: $1.8T
- Discretionary AUM: $441.3B
- Non-discretionary AUM: $1.3T
- Clients: 32,960
- Accounts: 3,253,265

## Business model

- Compensation: % of AUM, Fixed, Commissions
- Clients served: High net worth, Pooled vehicles, Pensions, Charities, Other

## Officers, owners & control persons (103)

_Showing 25 of 103 people._

| Name | Role | Location |
| --- | --- | --- |
| Lindsay Denardo Hans | STATE DESIGNATED PRINCIPAL & DIRECTOR | — |
| Lorna Rose Sabbia | DIRECTOR | — |
| David Carleton Jr Heaton | CHIEF LEGAL OFFICER | — |
| Eric A Schimpf | DIRECTOR & CHIEF EXECUTIVE OFFICER, STATE DESIGNATED PRINCIPAL | — |
| Nancy Monir Fahmy | DIRECTOR | — |
| Matthew Thomas Gellene | DIRECTOR | — |
| Susan F Axelrod | CHIEF COMPLIANCE OFFICER | — |
| Vincent C. Santanna | CHIEF OPERATIONS OFFICER & FINOP | — |
| Sara Rathbone Mooney | CHIEF FINANCIAL OFFICER | — |
| Syed Faruqe Alam | CHIEF FINANCIAL OFFICER | — |
| Susan Axelrod | CHIEF COMPLIANCE OFFICER | — |
| Vincent Santanna | CHIEF OPERATIONS OFFICER & FINOP | — |
| Joseph Anthony Jr Guardino | CHIEF OPERATIONS OFFICER & FINOP | — |
| Michael Richard Karam | CHIEF COMPLIANCE OFFICER | — |
| CACCAMISE WILLIAM CHARLES JR | CHIEF LEGAL OFFICER & GENERAL COUNSEL | — |
| RADEST MICHAEL BENJAMIN | CHIEF COMPLIANCE OFFICER - BROKER DEALER; CHIEF COMPLIANCE OFFICER / BROKER-DEALER; CO-CHIEF COMPLIANCE OFFICER (+4 more) | — |
| GUARDINO JOSEPH ANTHONY JR | CHIEF OPERATIONS OFFICER; CHIEF OPERATIONS OFFICER & FINOP | — |
| QUTUB ROBERT | CHIEF FINANCIAL OFFICER | — |
| MORALES CARLOS MANUEL | DIRECTOR; DIRECTOR AND CHIEF LEGAL OFFICER | — |
| BROWNING-PLATT CANDACE ELIZABETH | DIRECTOR; DIRECTOR & SENIOR VICE PRESIDENT | — |
| FLEMING GREGORY JAMES | DIRECTOR & EXECUTIVE VICE PRESIDENT | — |
| KIM DOW | DIRECTOR & EXECUTIVE VICE PRESIDENT | — |
| REGAN JOSEPH FRANCIS | CHIEF FINANCIAL OFFICER; CONTROLLER AND FIRST VICE PRESIDENT | — |
| MCDERMOTT JOHN JEROME JR | CHIEF COMPLIANCE OFFICER; CHIEF COMPLIANCE OFFICER - BROKER/DEALER ENTITY | — |
| MCCANN ROBERT JAMES | DIRECTOR, CHAIRMAN OF THE BOARD & CHIEF EXECUTIVE OFFICER | — |


## Disclosures (15,860)

_Showing 10 of 407 distinct disclosure events._

| Initiated | Type | Allegations | Status | Amount |
| --- | --- | --- | --- | --- |
| 2026-06-29 | regulatory | THE SECURITIES AND EXCHANGE COMMISSION (SEC) ALLEGED THAT, FROM APRIL 8, 2020 THROUGH SEPTEMBER 10, 2024, MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED (MLPF&S) FAILED TO FILE CERTAIN SUSPICIOUS ACTIVITY REPORTS (SARS) WITH THE U.S. TREASURY DEPARTMENT'S FINANCIAL CRIMES ENFORCEMENT NETWORK, IN… | Final | $7.5M |
| 2026-06-18 | regulatory | THE FINANCIAL INDUSTRY REGULATORY AUTHORITY ("FINRA") ALLEGED THAT, FROM JANUARY 2021 THROUGH SEPTEMBER 2023, MERRILL LYNCH, PIERCE, FENNER & SMITH ("MERRILL LYNCH") FAILED TO PROVIDE MATERIAL DISCLOSURES REGARDING CERTAIN MUNICIPAL SECURITIES PURCHASED WITH MARKET DISCOUNTS IN SELF-DIRECTED CUSTOME… | Final | $175K |
| 2026-06-10 | regulatory | THE FINANCIAL INDUSTRY REGULATORY AUTHORITY ("FINRA") ALLEGED THAT, FROM JANUARY 2018 THROUGH DECEMBER 2023, MERRILL LYNCH, PIERCE, FENNER & SMITH ("MERRILL LYNCH") FAILED TO ACCURATELY REPORT SUMMARY AND STATISTICAL CUSTOMER COMPLAINT INFORMATION TO FINRA, IN VIOLATION OF FINRA RULES 4530(D) AND 20… | Final | $225K |
| 2026-06-01 | criminal | — | — | — |
| 2026-05-07 | criminal | — | — | — |
| 2026-04-25 | criminal | — | — | — |
| 2026-04-23 | criminal | — | — | — |
| 2026-03-27 | regulatory | — | — | — |
| 2026-03-06 | criminal | — | — | — |
| 2026-01-16 | criminal | — | — | — |


## Related pages

- Form ADV Part 2 brochure: https://search.stillhousedata.com/firm/7691/brochure
- Similar advisers: https://search.stillhousedata.com/firm/7691/similar
- Related entities: https://search.stillhousedata.com/firm/7691/related
- SEC IAPD (source of record): https://adviserinfo.sec.gov/firm/summary/7691

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Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.