Florham Park, NJ 100 Campus Dr Division Mid Atlantic Office

Team
Updated today
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Merrill

Institution

Firm-wide stats for Merrill

Total advisors

25,610

Across 3,238 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

100 Campus Dr, Division Mid Atlantic

Florham Park NJ 07932

Advisors at this office

4

Advisors at this office

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Marnie M

Series 66

Florham Park, NJ

Merrill

Marnie Maclaren is a financial advisor with Merrill in Florham Park, NJ, holding a Series 66 designation and bringing 25 years of industry experience. She has worked with Merrill Lynch, Pierce, Fenner & Smith Inc since 2000. In addition to her advisory role, Maclaren serves as a voting member of the Florida Securities Dealers Association and participates on one of its committees. Merrill, along with its affiliate Managed Account Advisors LLC, provides managed account services to Bank of America fiduciary clients through the Select Portfolio Solutions Program, offering model-based and discretionary investment strategies for individuals, high-net-worth clients, pension plans, corporations, and charitable organizations.

Tax-loss harvesting Active portfolio management Wealth management
user avatar

Pablo C

Series 66

Morristown, NJ

Merrill

Pablo Cardoso is a Series 66 licensed financial advisor with 18 years of industry experience. He is currently with Merrill and Bank of America N.A., joining in 2022, and has held previous roles at Santander Securities, JPMorgan Chase, PNC Wealth Management, and other firms. He serves as the treasurer for the North Plainfield High School PTO. Merrill, together with its affiliate Managed Account Advisors LLC, provides managed account services to Bank of America fiduciary clients through the Select Portfolio Solutions Program, offering model-based and discretionary strategies for individuals, high-net-worth clients, and institutional investors.

Tax-loss harvesting Active portfolio management Wealth management
user avatar

Michael D

Series 66

Florham Park, NJ

Merrill

Michael De Nucci is a financial advisor at Merrill in Florham Park, NJ, holding a Series 66 designation. He has been with Merrill and Bank of America, N.A. since 2026. Prior to his advisory role, he was associated with Lehigh University and Pope John XXIII. Merrill, along with its affiliate Managed Account Advisors LLC, provides managed account services to Bank of America fiduciary clients through the Select Portfolio Solutions Program, offering model-based and discretionary investment strategies for a range of clients including individuals, high-net-worth clients, and institutions.

Tax-loss harvesting Active portfolio management Wealth management

Carmine P

Series 63, Series 65

Florham Park, NJ

Merrill

Carmine Pezzella is a Senior Financial Advisor with Merrill Lynch Wealth Management, where he has been serving clients since 1994. He focuses on retirement planning strategies, fixed income portfolio construction, and wealth management for affluent individuals and small business owners. Carmine places particular emphasis on capital preservation, cash flow, and tailoring recommendations to align with each client’s income and growth objectives. He holds a Bachelor of Science degree from the United States Naval Academy and a Master of Science degree from Golden Gate University. Following his graduation from the Naval Academy, Carmine served as a Naval Officer for seven years in various roles involving financial and logistics responsibilities. He has earned the Chartered Retirement Planning Counselor (CRPC) designation from the College for Financial Planning Institutes Corp. Beyond his professional career, Carmine resides in Hockessin, Delaware with his wife and two sons. He is an active member of his local church and alumni associations. His personal interests include baseball, golfing, reading, and spending time with his family.

General retirement planning Retirement income strategy Income planning Wealth management Tax-loss harvesting
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