Expert Review

Charles Wagner: Exposed with the Allegations of SEC (Latest Update 2023)

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Who is Charles Wagner (CRD#: 4789697)?Everything you need to know about Charles Wagner and their accolades

Charles W. Wagner, CIMA®, CFP®, CRPC®, CPFA is the Managing Director, Wealth Management Advisor, Retirement Benefits Consultant, and Global Institutional Consultant of Merrill Lynch Wealth Management.

Merrill Lynch, Pierce, Fenner & Smith Inc. in Billings, Montana has Charles Wagner on staff as an investment advisor.

With 18 years of experience in the financial sector, Charles Wagner is a financial advisor situated in Billings, Montana. Presently employed by Merrill Lynch, Pierce, Fenner & Smith Inc. is Wagner. They have worked for companies like Merrill Lynch, Pierce, Fenner & Smith Inc., and Bank Of America, N.A. during their careers.

Charles Wagner is qualified to provide financial advice to customers in Texas and Montana as a result of holding a Series 66 license, which designates them as both securities agents and investment adviser representatives.

Charles Wagner worked as an assistant branch manager for First Interstate Bank Systems before he started at Merrill Lynch Wealth Management in 2004. He offers clients goal-based asset management plans as well as consulting services for foundations, endowments, corporate funds, and retirement plans.

Charles Wagner has earned several credentials that demonstrate his dedication to his field, including the CERTIFIED FINANCIAL PLANNERTM certification, Certified Investment Management Analyst®, CIMA® professional, Global Institutional Consultant professional, CHARTERED RETIREMENT PLANNING COUNSELOR, CRPCTM® professional, CERTIFIED PLAN FIDUCIARY ADVISOR, CPFA® designation, and a BSBA in Business Management from Montana State University.

This article will look more into Charles Wagner’s past, discovering hidden disclosures, and SEC litigations and analyzing the legal ramifications.

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About FIRM:History, achievements, leadership, lawsuits, & disputes

What is Merrill Lynch Wealth Management?

Merrill Lynch Wealth Management is a division of Bank of America that provides financial planning and investment management services to individuals, families, and businesses. The firm has a long-standing history of serving the financial needs of clients, and it is well-known for its sophisticated investment products and services.

The History of Merrill Lynch Wealth Management

Merrill Lynch Wealth Management was founded in 1914 by Charles Merrill and Edmund Lynch. The company was initially established to provide investment banking services to middle-market companies. However, over the years, Merrill Lynch expanded its services to include retail brokerage, wealth management, and financial planning.

In 2009, Merrill Lynch was acquired by Bank of America, and the two companies merged to form one of the largest financial institutions in the world. Today, Merrill Lynch Wealth Management has over 14,000 financial advisors and manages over $2.3 trillion in client assets.

The benefits of using Merrill Lynch Wealth Management

One of the primary benefits of using Merrill Lynch Wealth Management is the firm’s extensive resources and expertise. The company has a team of experienced financial advisors who work closely with clients to develop customized investment strategies based on their individual needs and goals.

Merrill Lynch Wealth Management also provides clients with access to a wide range of investment products and services, including mutual funds, exchange-traded funds (ETFs), stocks, bonds, and alternative investments. Additionally, the firm offers a variety of tools and resources to help clients monitor their investments and make informed decisions about their financial future.

How Merrill Lynch Wealth Management Works

The key features of Merrill Lynch Wealth Management

Merrill Lynch Wealth Management offers a range of features to help clients manage their investments and plan for their financial future. Some of the key features of the firm include:

Financial planning:

Merrill Lynch Wealth Management offers comprehensive financial planning services to help clients achieve their financial goals. The company’s financial advisors work with clients to develop customized financial plans based on their individual needs and goals.

What is a Financial Advisor?

A financial advisor is a specialist who offers professional financial advice to people looking to accomplish particular financial goals. You work with a financial advisor to develop a thorough financial plan that is specific to your situation, much like you would hire an architect to construct the blueprint for your home. Understanding your existing financial condition, including your income, costs, savings, and spending patterns, is a requirement for this collaboration.

Investment management:

Merrill Lynch Wealth Management offers a range of investment management services, including portfolio management, asset allocation, and investment research.

Retirement planning:

Merrill Lynch Wealth Management offers a range of retirement planning services to help clients plan for their retirement. The firm’s financial advisors can help clients develop a retirement savings plan, estimate retirement expenses, and evaluate retirement income sources.

The different types of accounts offered by Merrill Lynch Wealth Management

Merrill Lynch Wealth Management offers a range of account options to meet the unique needs of individual clients. Some of the account options offered by the firm include:

Individual Retirement Accounts (IRAs):

Merrill Lynch Wealth Management offers traditional, Roth, and SEP IRAs to help clients save for retirement.

Brokerage accounts:

Merrill Lynch Wealth Management offers a range of brokerage accounts, including individual, joint, and custodial accounts.

Trusts and estates:

Merrill Lynch Wealth Management offers trust and estate planning services to help clients protect their assets and ensure that their wishes are carried out.

How to open an account with Merrill Lynch Wealth Management

Opening an account with Merrill Lynch Wealth Management is a straightforward process. Clients can either contact a financial advisor directly or visit the Merrill Lynch Wealth Management website to get started. The firm’s financial advisors will work with clients to determine their investment goals and risk tolerance and recommend an investment strategy that is tailored to their individual needs.

The fees and costs associated with Merrill Lynch Wealth Management

Merrill Lynch Wealth Management charges clients a fee based on the percentage of assets under management. The fee varies depending on the size of the account and the services provided. Additionally, some investment products and services offered by Merrill Lynch may also have additional fees and expenses.

The Merrill Lynch Wealth Management mobile app

Merrill Lynch Wealth Management offers a mobile app that allows clients to monitor their investments and access account information from their mobile devices. The app provides real-time market data, investment news, and alerts to help clients stay informed about their investments.

The Merrill Lynch Wealth Management website

The Merrill Lynch Wealth Management website provides clients with access to a range of tools and resources to help them manage their investments and plan for their financial future. The website includes market data, investment research, and educational resources to help clients make informed investment decisions.

How to achieve Financial Success with Merrill Lynch Wealth Management

Achieving financial success with Merrill Lynch Wealth Management requires a proactive approach to managing your investments and planning for your financial future. Here are some tips to help you get started:

Set clear financial goals:

To achieve financial success, it’s important to set clear financial goals and develop a plan to achieve them. Work with your financial advisor to identify your short-term and long-term financial goals and develop a plan to achieve them.

Monitor your investments:

Regularly monitoring your investments is essential to ensuring that your portfolio remains aligned with your investment goals and risk tolerance. Work with your financial advisor to regularly review your portfolio and make adjustments as needed.

Diversify your portfolio:

Diversifying your portfolio is essential to managing risk and achieving long-term investment success. Work with your financial advisor to develop a diversified investment strategy that is tailored to your individual needs and goals.

Take advantage of tax-efficient strategies:

Managing taxes is an important part of achieving financial success. Work with your financial advisor to identify tax-efficient investment strategies that can help you minimize your tax liability and maximize your investment returns.

2/12/2023 Update
As of now, Charles Wagner has not responded, nor has he apologized for his misdeeds. He has ignored our efforts to highlight the problems faced by his victims. Furthermore, he has only focused on propagating his fake PR.
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Charles Wagner Disclosures: BrokerCheck, FINRA, And SEC ReportsEvery complaint, disclosure, litigation against Charles Wagner

The brokerCheck report of Charles Wagner includes information such as employment history, professional qualification, disciplinary actions, criminal convictions, civil judgment, arbitration awards, and disclosure events.

No Disclosure is mentioned about Charles Wagner.

Financial Advisors often take down their client disputes from FINRA’s Public database through Disclosure Expungement. Even law firms provide expungement services to FAs so that they can hide or remove their client disputes and maintain a clean record. So the lack of any disclosures on BrokerCheck doesn’t necessarily mean that the broker hasn’t had any conflicts in the past.

FINRA’s BrokerCheck

individual_4789697.pdf (finra.org)

SEC Litigations & Forms

image 1016

Source: Charles Wagner – SEC Site Search Search Results

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Charles Wagner Lawsuits, Legal Battles, & DisputesActive database of all lawsuit documents (subject to availability) against Charles Wagner

Most court cases filed in the United States of America are archived on CourtListener, UniCourt, Law.com, Justia, Trellis, law, and Law360. If Charles Wagner has been involved in any such lawsuits, then you can find the documents using the links down below:

There might be more pending lawsuits against Charles Wagner which are not listed on these directories. Lawsuit files are often deleted from online directories. So if you cannot find any lawsuits against Charles Wagner on these websites, you can contact the local authorities and check if they have a physical copy of any cases.

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Charles Wagner Complaints, Class Action Lawsuits & Legal BattlesRead all class action lawsuits and SEC complaints against Charles Wagner (if available)

The following websites/directories are the best sources for finding complaints, litigations, and disputes against finance advisors. You can find all the complaints against Charles Wagner using the websites down below:

You can contact the law firms mentioned above if facing issues with Charles Wagner or any financial advisor.

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Better Alternatives To Charles Wagner (By Experts):Find the top 3 alternatives to Charles Wagner

These recommendations are based on the ratings of SmartAsset.com, the biggest financial advisor review platform on the internet.
You can check out the top 10 financial advisors in the U.S. to learn more.
Screenshot 2023 05 23 at 11.26.30 PM

Manages Assets Worth

  • $714,587,898,072

Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors
  • Publication of periodicals
1625686851535

Manages Assets Worth

  • $173,418,270,044

Services

  • Financial planning
  • Portfolio management
  • Portfolio assessment
Screenshot 2023 05 23 at 11.45.48 PM

Manages Assets Worth

  • $46,803,858,104

Services

  • Portfolio management

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