Merrill Lynch Investment Managers LP (Plainsboro)


Merrill Lynch Investment Managers LP is a large advisory firm based in Plainsboro. It manages $178.83 billion of regulatory assets for 55,018 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 46 other states.

Merrill Lynch Investment Managers provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Merrill Lynch Investment Managers: assets under management

The assets under management (AUM) of Merrill Lynch Investment Managers LP is $178.83 billion. The firm's AUM has grown by 9% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $166.02 billion in discretionary accounts and $12.81 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.56 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.52 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Merrill Lynch Investment Managers LP for their services and products based on a percentage of assets under management, fixed fees, and performance-based 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 Investment Managers LP

Terry Kimball Glenn has been acting as President since 1 Jul 1983. Robert Charles Doll has served as the Chief Investment Officer since 1 Jun 1999 and Jeffrey Merl Peek is the Chief Executive Officer of Merrill Lynch Investment Managers LP family office. Robert Scott Stanley joined the executive team most recently as the Chief Investment Officer Of Private Investors.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Terry Kimball Glenn Chairman 1 Jul 1983 Other 734684
Inc. Princeton Services General partner 1 Dec 1993 75% - 100% 22-3266276
Inc. Merrill Lynch & Company Limited partner 1 Dec 1993 Other 13-2740599
Thomas Joseph Verage Managing director-equity investments 1 Sep 1994 Other 1687560
Lawrence D. Haber Chief financial officer 1 Jul 1997 Other 4347806
Jeffrey Merl Peek Chief executive officer 1 Dec 1997 Other 1100384
Michael J. Hennewinkel Chief legal officer 1 Aug 1998 Other 4347815
Jerry Weiss Chief compliance officer 1 Dec 1998 Other 2174859
Diane Lynn Schueneman Chief operations officer 1 Feb 1999 Other 854959
Gregory Allen Bundy Chief administrative officer 1 Jun 1999 Other 1289634
Robert Charles Doll Chief investment officer 1 Jun 1999 Other 1748378
Frank R. Salerno Chief operating officer-americas institutional business 1 Apr 2001 Other 4491863
Philip Lawrence Kirstein Chief legal officer 1 Aug 2001 Other 2174860
Robert Charles Doll Chief executive officer 1 Sep 2001 Other 1748378
Kevin J. Mckenna Managing director & head of fixed income investments 1 Sep 2001 Other 4579856
Anthony J Patti Head-americas risk and performance 1 Nov 2001 Other 2810474
Mary Elizabeth Taylor Head-americas region 1 Nov 2001 Other 2594854
Brian James Fullerton Head of investments 1 Nov 2001 Other 2054485
Kenneth A. Jacob Co-head-tax-exempt investments 1 Dec 2001 Other 4518377
John M. Loffredo Co-head-tax-exempt investments 1 Dec 2001 Other 4518371
Archie James Struthers Head-managed account team of private investors 1 Jan 2002 Other 4140190
Emmett Matthew Wright Cio-private investors 1 Feb 2002 Other 4467205
Brian Andrew Murdock First vice president and chief operating officer of americas region 1 Jan 2003 Other 1029254
Donald C Burke Treasurer 1 Jan 2003 Other 4354900
Donald Charles Burke Treasurer 1 Jan 2003 Other 4354900
Andrew John Donohue Chief legal officer 1 Mar 2003 Other 858126
Jay Lynn Willoughby Cio-private investors 1 May 2003 Other 1161173
Thomas D. Jones Chief compliance officer 1 Oct 2003 Other 4722768
James Trewin Stratford Global compliance director 1 Oct 2003 Other 4348119
James Howard Kase Head - americas institutional channel 1 Jan 2004 Other 1500986
Glenn Charles Worman Head of business finance 1 Mar 2004 Other 2426561
Jeffrey Hiller First vice president and director of compliance, americas 1 Jul 2004 Other 2612970
John J. Fosina Chief administrative officer 1 Oct 2004 Other 4011944
Donald Charles Burke Treasurer and global head of operations 1 Dec 2004 Other 4354900
Francis Michael Porcelli Chief operating officer 1 Mar 2005 Other 1681530
Richard Dale Wolfe Director and head of managed account team 1 Jan 2006 Other 3200134
Denis Richard Molleur Chief legal officer & general counsel - americas 1 May 2006 Other 2145290
Robert Scott Stanley Chief investment officer of private investors 1 Sep 2006 Other 1981848
John J. Fosina Chief administrative officer and chief financial officer 1 Sep 2006 Other 4011944

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Inc. Merrill Lynch Group Owner of group 1 Dec 1993 25% - 50% 13-3408205

Based in Plainsboro

The principal office where Merrill Lynch Investment Managers LP performs its advisory services is located at 800 Scudders Mill Road, Plainsboro, NJ 08536 The mailing address of the firm is Attn: Marla Moskowitz Hesse, New York, NY 10038. An additional office of the firm is in Phoenix, AZ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 609-282-2021 or by fax 609-282-3472. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at www.mlim.ml.com.

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