David Sterner
Advisor at Merrill
Data sourced from SEC public records (and other sources when available). Some details may be added by the advisor after claiming their profile. Refreshed daily • Updated today.
Advisor at Merrill
Data sourced from SEC public records (and other sources when available). Some details may be added by the advisor after claiming their profile. Refreshed daily • Updated today.
Location
Oak Brook, IL 60523
Credentials
Series 63, Series 65
Industry experience
35 years
David Sterner is a Wealth Management Advisor and Senior Vice President with Merrill Lynch Wealth Management, where he has served for over 30 years. His career began after serving as a Lieutenant Commander Naval Flight Officer and navigator on the P-3 Orion aircraft in the United States Navy. Drawing from his Navy experience, he approaches wealth management as a navigator guiding clients through their financial journeys, helping them chart a course that adjusts for unexpected obstacles and aligns with their life goals.
David earned a Bachelor of Science degree in Economics from the University of Minnesota and holds the Certified Investment Management Analyst (CIMA) designation from the Investments & Wealth Institute program at The Wharton School of Business, University of Pennsylvania. He focuses on services for endowments, foundations, and non-profits, as well as socially responsible, values-based, and ESG investing, alongside tax minimization strategies.
Residing in St. Charles, Illinois with his wife Mary, David enjoys outdoor activities such as boating, hiking, bird watching, dog walking, and mountain biking. He is actively involved in his community as a board member of Audubon Great Lakes and volunteers with organizations such as Wine to Water, having contributed to sustainable clean water projects in Nepal. David and Mary have two grown children and enjoy spending time with their family and Labrador Retrievers.
Based on Merrill
$0 - $2,000,000: 1.10% (for Managed Strategy with MFSA under $2 million) $2,000,000+: 1.00% (for Managed Strategy with MFSA at and above $2 million)
Account minimum: $2,000,000 minimum to qualify for Premium Access Strategy per SEC data and Merrill brochure context; no other firm-wide minimum clearly stated
2021 Spring Rd
Oak Brook, IL 60523
Illinois · Texas
Bank of America, N.A.
2011 - Present (15 years)
Merrill
1990 - Present (36 years)
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