Merrill Lynch Bank & Trust Co., Fsb (New York)


Merrill Lynch Bank & Trust Co., Fsb is a large advisory firm based in New York. It manages $14.78 billion of regulatory assets for 13,648 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of California, Colorado, Delaware, and 31 other states.

Merrill Lynch Bank & Trust Co., Fsb provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, pension consulting services, and market timing services. It prepares financial plans for approximately 14,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Merrill Lynch Bank & Trust Co., Fsb: assets under management

The assets under management (AUM) of Merrill Lynch Bank & Trust Co., Fsb is $14.78 billion. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $14.6 billion in discretionary accounts and $177.41 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.08 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.34 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Merrill Lynch Bank & Trust Co., Fsb for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Merrill Lynch Bank & Trust Co., Fsb

Mark S Leiman has been acting as President since 1 Aug 2006. William Allen Emerson joined the executive team most recently as the Trust Committee Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inc. Merrill Lynch Group Direct parent 1 May 1997 75% - 100% 13-3408205
Patricia Scalabrin Chief administrative officer, trust division 1 Apr 2003 Other 4649255
Thomas Joseph Sweeney Managing director of the trust, estate, philanthropic planning and family office services 1 Apr 2003 Other 1986101
Jay Lynn Willoughby Chief investment officer, trust division 1 Apr 2003 Other 1161173
Joan Leslie Bozek Director of risk management & investment oversight, trust division 1 Apr 2004 Other 4649260
Kathleen C Brown Director of product development, trust division 1 May 2004 Other 4630469
Barry J Lindenbaum Senior operations manager, trust division 1 Apr 2005 Other 4916044
Gregory F Gatesman National sales director, trust division 1 Apr 2006 Other 2925767
Paul L. Hagen Acting director of investments, trust division 1 Apr 2006 Other 4127194
Mark Feuer Managing director, merrill lynch trust company, private banking platforms, and financial advisory center 1 May 2006 Other 4847327
William Allen Emerson Trust committee member 1 Aug 2006 Other 200867
Christian G. Heilmann Chief executive officer, trust division 1 Aug 2006 Other 4378835
Dennis R. Casale Trust committee member 1 Aug 2006 Other 4409622
Robert Paul Fry Trust committee member 1 Aug 2006 Other 2578521
Robert E Graham Trust committee member 1 Aug 2006 Other 712145
Michael Backer Trust committee member 1 Aug 2006 Other 4520384
John Michael Thompson Trust committee member 1 Aug 2006 Other 445861
John Dadakis Trust committee member 1 Aug 2006 Other 4974194
Mark S Leiman Director 1 Aug 2006 Other 5199141
Conrad Louis Druker Director 1 Aug 2006 Other 4575390
John D Hawke Director 1 Aug 2006 Other 5199144
Terrence Patrick Laughlin Chairman of the board of directors 1 Aug 2006 Other 4930210
Lawrence P Washington Director, president & chief operating officer 1 Aug 2006 Other 5199147
Brian Edward Brennan Chief mortgage portfolio officer 1 Aug 2006 Other 1817347
Stuart C Burnet Chief credit officer 1 Aug 2006 Other 5199150
Matthew B Skurbe Chief financial officer 1 Aug 2006 Other 5199151
Rodney Loo Wong Chief market risk officer 1 Aug 2006 Other 1937981
Christopher J Randazzo Chief technology officer 1 Aug 2006 Other 5199154
Adeesh Setya Treasurer 1 Aug 2006 Other 5199155
Pamela Fraser Wilford Trust committee member 1 Aug 2006 Other 5199158
John Lee Clark Chief compliance officer 1 Aug 2006 Other 4693552
Robert Scott Stanley Chief investment officer, trust division 1 Aug 2006 Other 1981848

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Merrill Lynch & Co. Inc. Indirect parent 1 May 1997 75% - 100% 13-2740599

Based in New York

The principal office where Merrill Lynch Bank & Trust Co., Fsb performs its advisory services is located at 4 World Financial Center, New York, NY 10080 The mailing address of the firm is 222 Broadway, 16 Th Floor, New York, NY 10038. An additional office of the firm is in Boca Raton, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-449-9448 or by fax 212-738-1070. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at www.askmerrill.ml.com.

Registered investment advisers similar to Merrill Lynch Bank & Trust Co., Fsb