Who is Raj Sharma (CRD#: 1764403)?
Raj Sharma, the proprietor of the Sharma Company, has over 35 years of banking industry experience. He spent 12 years as an analyst in finance, business executive, and media specialist before reaching Merrill in 1987.
Sharma has garnered various industry accolades for his thoughtful and analytical approach to global markets.
Sharma is a qualified Collection Director who, in addition to traditional guidance and recommendations, can assist clients in achieving their goals by creating and overseeing his own customized or established methods such as which may include individual mutual funds and stocks, Merrill, Inc. model investments, and outside investment strategies.
A Fund Director could oversee his investment plans on an individual basis when serving customers through the Firm’s Financial Advisory Program.
He holds a Master of Business Administration with a focus in Finance from Osmania University, which is located in India’s Hyderabad, and a Master of Arts in communication studies from Emerson University in Boston.
About Merrill Private Wealth Management:
What is Merrill Private Wealth Management?
Merrill Private 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 Private Wealth Management
Merrill Private 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 Private expanded its services to include retail brokerage, wealth management, and financial planning.
In 2009, Merrill Private was acquired by Bank of America, and the two companies merged to form one of the largest financial institutions in the world. Today, Merrill Private Wealth Management has over 14,000 financial advisors and manages over $2.3 trillion in client assets.
The benefits of using Merrill Private Wealth Management
One of the primary benefits of using Merrill Private 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 Private 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 Private Wealth Management Works
The key features of Merrill Private Wealth Management
Merrill Private 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 Private 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.
Investment management:
Merrill Private Wealth Management offers a range of investment management services, including portfolio management, asset allocation, and investment research.
Retirement planning:
Merrill Private 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 Private Wealth Management
Merrill Private 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 Private Wealth Management offers traditional, Roth, and SEP IRAs to help clients save for retirement.
Brokerage accounts:
Merrill Private Wealth Management offers a range of brokerage accounts, including individual, joint, and custodial accounts.
Trusts and estates:
Merrill Private 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 Private Wealth Management
Opening an account with Merrill Private Wealth Management is a straightforward process. Clients can either contact a financial advisor directly or visit the Merrill Private 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 Private Wealth Management
Merrill Private 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 Private may also have additional fees and expenses.
The Merrill Private Wealth Management mobile app
Merrill Private 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 Private Wealth Management website
The Merrill Private 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 Private Wealth Management
Achieving financial success with Merrill Private 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.
Common Misconceptions about Merrill Private Wealth Management
There are several common misconceptions about Merrill Private Wealth Management. Here are a few of the most common misconceptions:
It’s too expensive:
While Merrill Private Wealth Management charges a fee for its services, the firm’s fees are competitive with other wealth management firms. Additionally, the firm’s extensive resources and expertise can help clients achieve long-term investment success.
It’s only for wealthy clients:
While Merrill Private Wealth Management does serve high-net-worth clients, the firm also offers services to individuals with more modest investment portfolios.
It’s only for investment management:
While investment management is a key part of Merrill Private Wealth Management’s services, the firm also offers a range of financial planning services to help clients achieve their financial goals.
What is SEC?
The Securities and Exchange Commission (SEC) in the United States is a federal government regulatory agency that works independently. Its main responsibility is to safeguard investors, ensure the securities markets operate in a fair and orderly manner, and facilitate capital formation.
Raj Sharma Disclosures: BrokerCheck, FINRA, And SEC Reports
According to BrokerCheck records, two disclosers have occurred against Raj Sharma.
(1) From the beginning of 2012 to January 2016, clients claim improper investment suggestions as well as deception & concealment of important facts. The final sum for clients is approximately $70,000.00. This case was settled to avoid the expense and risk of litigation.
The Professional Advisor, that was not the principal consultant for this connection, disputes that someone at Merrill Lynch committed any erroneous statements. He believes that billing fees were adequately conveyed to consumers as well as that suggestions were appropriate. Clients were given full account reviews, and they expressed contentment with allocation and performance, as well as confirmed risk tolerance, time horizon, and objectives. The financial consultant was not requested to make a donation to the settlement and did not do so.
(2) The customer claims that Raj Sharma provided improper financial recommendations through her spouse’s son-in-law. The entire value of harm produced is $50,000.00, whereas the agreed-upon sum is $32,000.00. In the present instance, the broker stated that the dispute was settled in order to steer clear of the expenses of protracted litigation.
FINRA’s BrokerCheck
individual_1764403.pdf (finra.org)
SEC Litigations & Forms
Source: Raj Sharma – SEC Site Search Search Results
Raj Sharma Lawsuits, Legal Battles, & Disputes
The great majority of court cases filed in the United States of America are saved by CourtListener, UniCourt, Law.com, Justia, Trellis Law, & Law360. If Raj Sharma is actually involved in a scenario, you can learn more about it by following the links provided further down.
There might be more pending lawsuits against Raj Sharma which are not listed on these directories. Lawsuit files are often deleted from online directories. So if you cannot find any lawsuits against Raj Sharma on these websites, you can contact the local authorities and check if they have a physical copy of any cases.
CourtListener
UniCourt
Law.com
Law360.com
Trellis. law
Justia
Raj Sharma Complaints, Class Action Lawsuits & Legal Battles
The following websites/directories are the best sources for finding complaints, litigations, and disputes against finance advisors. You can find all the complaints against Raj Sharma using the websites below:
Sonn Law Group
SEC.gov
White Law Group
MDF Law
Israels & Neuman, PLC
Klayman Toskes
You can contact the law firms mentioned above if you are facing issues with Raj Sharma or any financial advisor.
Frequently Asked QuestionsFind the answers to your most common questions related to Raj Sharma & Merrill Private Wealth Management
Where is Raj Sharma located?
What are Raj Sharma’s qualifications
Is Raj Sharma facing any lawsuits?
Has Raj Sharma been charged by the SEC?
How do I contact Raj Sharma?
Does Raj Sharma have any disclosures?
Which Firm does Raj Sharma work with?
What is Raj Sharma’s CRD Number?
Better Alternatives To Raj Sharma (By Experts):Find the top 3 alternatives to Raj Sharma
1:2 advisor/client ratio
Reputed
High overall rating
Gripeo is the leading social platform for consumers to share their experiences with businesses and other people. We thrive for helping the marketplace become less ambiguous and more transparent.