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SB

Sarah S. Burns

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CRD#: 2430245
SB
Sarah S Burns

Professional summary

Being a previously registered professional could mean that this person is no longer operating under the supervision of the SEC or FINRA.

That means that the Securities and Exchange Commission may not be able to oversee the services that this specific professional is providing.

Sarah S Burns, who also goes by Sarah Sperando Burns, Sarah Ann Sperando Burns, Sarah Ann Sperando, was a registered financial professional .

Sarah is a previously registered financial professional and started their career in finance in 1995. Sarah had worked at 14 firms and has passed the Series 66, Series 65, Series 63, Series 31, Series 52TO, SIE, Series 7, Series 10, Series 9, Series 4, Series 53 and Series 24 exams.

Aliases

Sarah Sperando Burns | Sarah Ann Sperando Burns | Sarah Ann Sperando

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
Name of the other businessFINRA Dispute Resolution Arbitrator Whether the business is investment-relatedNo Address of the other businessAlabaster, AL 35007 Nature of the other businessSelf-Regulatory Organization Your positionResolution Arbitrator Title, or relationship with the other businessNone Start date of your relationship7/13/2012 Approximate number of hours/month you devote to the other business1 Number of hours you devote to the other business during securities trading hours0 Briefly describe your duties relating to the other businessThe panel reads the pleadings filed by the parties, listen to the arguments, study the documentary and/or testimonial evidence, and render a decision.

Blog Corner

CRS (Client Relationship Summary)

The CRS(Customer Relationship Summary) document is not provided.

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
None

Experience

Past

December 7, 2023 - July 30, 2026

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

RIA
CRD#: 7691
BIRMINGHAM, AL
Past

December 7, 2023 - July 30, 2026

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

BD
CRD#: 7691
BIRMINGHAM, AL
Past

April 25, 2022 - November 28, 2023

SECURE ASSET MANAGEMENT, L.L.C.

RIA
CRD#: 144046
Alabaster, AL
Past

April 25, 2022 - November 28, 2023

AURORA SECURITIES

BD
CRD#: 46147
Alabaster, AL
Past

February 28, 2014 - April 25, 2022

PARK AVENUE SECURITIES LLC

RIA
CRD#: 46173
ALABASTER, AL
Past

February 12, 2014 - April 25, 2022

PARK AVENUE SECURITIES LLC

BD
CRD#: 46173
NEW YORK, NY
Past

September 3, 2013 - February 11, 2014

METLIFE INVESTORS DISTRIBUTION COMPANY

BD
CRD#: 107622
NEW YORK CITY, NY
Past

January 11, 2008 - February 11, 2014

NEW ENGLAND SECURITIES

BD
CRD#: 615
NEW YORK, NY
Past

July 27, 2004 - February 11, 2014

MSI FINANCIAL SERVICES, INC.

RIA
CRD#: 14251
ALABASTER, AL
Past

January 27, 2004 - July 9, 2007

METROPOLITAN LIFE INSURANCE COMPANY

BD
CRD#: 4095
NEW YORK, NY
Past

January 27, 2004 - February 11, 2014

MSI FINANCIAL SERVICES, INC.

BD
CRD#: 14251
SPRINGFIELD, MA
Past

July 23, 2003 - November 18, 2003

BBVA COMPASS INVESTMENT SOLUTIONS, INC

BD
CRD#: 17086
BIRMINGHAM, AL
Past

February 25, 2002 - July 14, 2003

FRANK CHAPPELLE & CO., INC.

BD
CRD#: 327
BIRMINGHAM, AL
Past

June 7, 2000 - June 15, 2001

PRUDENTIAL EQUITY GROUP, LLC

BD
CRD#: 7471
NEW YORK, NY
Past

August 5, 1998 - May 30, 2000

CONCOURSE FINANCIAL GROUP SECURITIES, INC.

BD
CRD#: 15708
BIRMINGHAM, AL
Past

November 26, 1996 - June 26, 1998

PRUDENTIAL EQUITY GROUP, LLC

BD
CRD#: 7471
NEW YORK, NY
Past

September 10, 1996 - October 25, 1996

J.C. BRADFORD & CO.

BD
CRD#: 1287
NEW YORK, NY
Past

February 1, 1996 - August 29, 1996

PRUDENTIAL EQUITY GROUP, LLC

BD
CRD#: 7471
NEW YORK, NY
Past

July 20, 1995 - January 3, 1996

SOUTHTRUST SECURITIES, LLC

BD
CRD#: 17922
BIRMINGHAM, AL

Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
MERRILL LYNCH PIERCE FENNER & SMITH | MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | MERRILL LYNCH PIERCE FENNER & SMITH INC.

CRD#: 7691 / SEC#: 801-14235, 8-7221

RIA
Registered Investment Advisory firm - SEC (12/8/1978 Approved)
BD
Broker-Dealer Firm Regulated by FINRA (New York district office)

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

Visual representation of state registrations

This advisor is not registered in any state.

Exams

State Security Law Exam
RR
IAR
Series 66
Date: 11/1/2023
Uniform Combined State Law Examination
State Security Law Exam
IAR
Series 65
Date: 8/28/1997
Uniform Investment Adviser Law Examination
State Security Law Exam
RR
Series 63
Date: 8/3/1995
Uniform Securities Agent State Law Examination
General Industry/Product Exam
RR
Series 31
Date: 6/27/2024
Futures Managed Funds Examination
General Industry/Product Exam
RR
Series 52TO
Date: 1/2/2023
Municipal Securities Representative Examination
General Industry/Product Exam
RR
SIE
Date: 10/1/2018
Securities Industry Essentials Examination
General Industry/Product Exam
RR
Series 7
Date: 7/19/1995
General Securities Representative Examination
Principal/Supervisory Exam
RR
Series 10
Date: 1/11/2024
General Securities Sales Supervisor - General Module Examination
Principal/Supervisory Exam
RR
Series 9
Date: 1/11/2024
General Securities Sales Supervisor - Options Module Examination
Principal/Supervisory Exam
RR
Series 4
Date: 5/21/2008
Registered Options Principal Examination
Principal/Supervisory Exam
RR
Series 53
Date: 6/21/2007
Municipal Securities Principal Examination
Principal/Supervisory Exam
RR
Series 24
Date: 9/12/2003
General Securities Principal Examination

Current Firm

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
MERRILL LYNCH PIERCE FENNER & SMITH | MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | MERRILL LYNCH PIERCE FENNER & SMITH INC.

CRD#: 7691 / SEC#: 801-14235, 8-7221

RIA
Registered Investment Advisory firm - SEC (12/8/1978 Approved)
BD
Broker-Dealer Firm Regulated by FINRA (New York district office)
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Contact information

Main Address
One Bryant Park, New York, NY 10036
Mailing Address
150 N College St Nc1-028-29-04, Charlotte, NC 28255
Phone number
(800) 637-7455
Established
Delaware since 11/10/1958
Firm type
Corporation
Fiscal year end
December
Firm Size
Large
# of Employees
33,689

SEC notice filing (49 States and Territories)

FINRA licenses (53 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)Customer Relationship Summary (CRS / FINRA)Latest Form ADV

Part 2 Brochures

MERRILL LYNCH INVESTMENT ADVISORY PROGRAM BROCHURE (1/5/2026)
MERRILL LYNCH FIDUCIARY ADVISORY SERVICES (12/3/2025)
MERRILL GUIDED INVESTING BROCHURE (11/14/2025)
MERRILL PERSONAL RETIREMENT STRATEGY (11/14/2025)
MERRILL GUIDED INVESTING WITH ADVISOR BROCHURE (11/14/2025)
MERRILL SMALL BUSINESS 401(K) ADVISORY SERVICE (11/10/2025)
MAA MLPFS 2A FOR SELECT PORTFOLIO SOLUTIONS (3/21/2025)
ADVICE ACCESS BROCHURE (3/21/2025)
MERRILL LYNCH INSTITUTIONAL INVESTMENT CONSULTING (3/21/2025)
MERRILL EDGE ADVISORY ACCOUNT BROCHURE (3/21/2025)
MERRILL LYNCH STRATEGIC PORTFOLIO ADVISOR SERVICE BROCHURE (3/21/2025)
MERRILL LYNCH MANAGED ACCOUNT SERVICE BROCHURE (3/21/2025)

Direct owners and executive officers

NamePositionCRD#
BAC NORTH AMERICA HOLDING COMPANYSHAREHOLDER
AXELROD, SUSAN FCHIEF COMPLIANCE OFFICER6949587
FAHMY, NANCY MONIRDIRECTOR2689751
GELLENE, MATTHEW THOMASDIRECTOR1977160
HANS, LINDSAY DENARDOSTATE DESIGNATED PRINCIPAL & DIRECTOR4429443
HEATON, DAVID CARLETON JRCHIEF LEGAL OFFICER5972432
MOONEY, SARA RATHBONECHIEF FINANCIAL OFFICER7616382
SABBIA, LORNA ROSEDIRECTOR1873495
SANTANNA, VINCENT C.CHIEF OPERATIONS OFFICER & FINOP5290525
SCHIMPF, ERIC ADIRECTOR & CHIEF EXECUTIVE OFFICER, STATE DESIGNATED PRINCIPAL2494318

Regulatory assets under management

Total Number of Accounts3,085,811
AUM (Assets Under Management)$ 1,511,090,925,436

Disclosures

Regulatory Event610
Civil Event4
Arbitration878

Accountant surprise examination report

Filing DateForm ADV-E CoverForm ADV-E Report
12/15/2025
Cover Page
Report
11/25/2024
Cover Page
Report
08/24/2023
Cover Page
Report

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

Company Information

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

CRD#: 7691

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