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Merrill Lynch Investment Advisory Program Wrap Fee Program ...

Merrill Lynch Investment Advisory Program WRAP FEE Program BROCHURE Please retain for your records Merrill Lynch , Pierce, Fenner & Smith Incorporated Managed Account Advisors LLC One Bryant Park 101 Hudson Street New York, NY 10036 Jersey City, NJ 07302 This Brochure provides information about the qualifications and business practices of Merrill Lynch , Pierce, Fenner & Smith Incorporated (MLPF&S) and Managed Account Advisors LLC (MAA) relating to the Merrill Lynch Investment Advisory Program . If you have any questions about the contents of this Brochure, please contact us at ( ).

Mar 22, 2021 · The following disclosure was added on June 15, 2020 to Item 9 at the section “Disciplinary Information”: “On April 17, 2020, the . SEC issued an administrative order in which it found that MLPF&S had willfully violated Section 206(2) of the Advisers Act. Specifically, the order found that from January 1, 2014 to May 31, 2018,

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