Aiken, SC Old Market St Office

Team
Updated today
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Merrill

Institution

Firm-wide stats for Merrill

Total advisors

25,545

Across 3,141 offices

Clients per advisor

70 Very Low

Avg AUM per client

$860,085 Very High

HNW client ratio

29% High

About

Merrill, together with its affiliate Managed Account Advisors LLC (MAA), provides managed account services to Bank of America fiduciary clients through the Select Portfolio Solutions (SPS) Program. The firm offers model‑based and discretionary strategies constructed by internal Chief Investment Office (CIO) teams and third‑party style managers and implements trading, account administration and custody support for individuals, high‑net‑worth clients, pension and profit‑sharing plans, corporations and charitable organizations.

Portfolio implementation varies by Strategy: some are model‑based where MAA implements CIO or style manager models, while others authorize third‑party Discretionary Managers to execute trades directly; the CIO also uses strategic and tactical asset allocation and offers “tax aware” versions of related strategies for higher tax‑sensitivity investors. Cash allocations are typically swept through the Bank’s Cash Sweep Program or invested in money market alternatives, and clients can request reasonable investment restrictions (which MAA may accept or decline and may have limited effect where Funds are used).

Several features in the brochure distinguish Merrill from many peers: as part of the Bank of America group it has affiliates that operate in swaps and derivatives markets and it has disclosed planned arrangements to receive “Support Fees” and to offer optional Data Analytics to third‑party firms beginning January 1, 2027 (the brochure notes Merrill will not receive Support Fees for accounts enrolled in the SPS Program). The firm also discloses multiple SEC administrative orders and related enforcement matters (including a 2025 order with a $25 million civil penalty related to cash sweep disclosures), and the Program materials do not present the SPS service as a source of standalone financial planning.

Based on Merrill

Expertise

Tax-loss harvesting Active portfolio management Wealth management

Based on Merrill

Location

137 Old Market St

Aiken SC 29803

Advisors at this office

2

Advisors at this office

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Alexander L

Series 66

Aiken, SC

Merrill

Alexander Ledbetter is a Series 66-licensed advisor at Merrill with three years of industry experience. He previously worked at Wing Place for four years and has academic experience at the University of South Carolina Columbia. Outside of finance, he was involved with Mill Race Farm and Stable for two years. Merrill, together with its affiliate Managed Account Advisors LLC, provides managed account services through the Select Portfolio Solutions Program for individuals, high-net-worth clients, pension and profit-sharing plans, corporations, and charitable organizations. The firm offers model-based and discretionary investment strategies supported by internal and third-party managers.

Tax-loss harvesting Active portfolio management Wealth management

Jamin K

Series 63, Series 66

Aiken, SC

Merrill

Jamin King is an Associate Resident Director at Merrill, specializing in financial advisory services. He joined Merrill in 2014 after spending five years at Edward Jones as a financial advisor and began his financial services career in 2007 at Fidelity Investments focusing on private wealth and derivative trading. Prior to his career in finance, he served in the United States Navy as an Operation Specialist, a background that informs his disciplined approach to client relationships and clear communication. Jamin's expertise includes executive compensation, family wealth management strategies, personal retirement planning, portfolio management services, and small business strategies. He serves a referred clientele across South Carolina and more than ten other states, including active and retired business owners, C-suite executives, attorneys, physicians, and multiple generations of families. Jamin is a Certified Exit Planning Advisor (CEPA), Accredited Wealth Management Advisor (AWMA), and Personal Investment Advisor (PIA). Outside of his professional life, Jamin is involved with several community organizations, serving as Board Chairman of the Salvation Army Boys and Girls Club of Aiken and as a Board Member of United Way Aiken County. He is also affiliated with the Veterans of Foreign Wars. Jamin holds a diploma from Brookland Cayce High School and values spending time with his wife and their five children.

Retirement income strategy Business exit / sale strategy Business Financial Management Wealth management Debt management Founder/Business Owner Executive Attorney Doctor or Medical Professional Established Professionals Approaching retirement Parents
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