TrueAdvisor
TrueAdvisor
MC
CFP · ChFC
MC
CFP · ChFC

Michael Coffield

Ameriprise Financial Services, LLC
42 Years of Experience
Troy, MI
7 DisclosuresBroker
View SEC Summary
View SEC Summary

Michael Coffield is a CFP, ChFC-designated registered investment advisor at Ameriprise Financial Services, LLC, based in Troy, MI, with 42 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Business Owners, Charitable Giving, Corporate Executives, Education Planning, and 6 more. Their firm serves 1,386,329 clients with $660B in assets under management.

Ameriprise Financial Services, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
12955 advisors
Number of Clients
1,386,329 clients
Average Client Portfolio
$476K average
Assets Under Management
$660.5B

Fee Structure

Minimum Investment:$2K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.00%

The maximum total annual advisory fee is 2.0% of managed account assets. Fees are negotiable with your financial advisor and vary based on the specific program and services selected.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

900 Wilshire Dr, Ste 255, Troy, MI, 48084

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History

Regulatory History (7)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
September 2011
Denied
Customer Dispute
May 2009
Denied
Customer Dispute
August 2008
Denied
Customer Dispute
April 2005
Withdrawn
Customer Dispute
January 2002
Settled
Customer Dispute
August 1998
Settled
Customer Dispute
January 1998
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Michael has an investment-related business ownership activity since 2013, taking about a quarter of his time. He also has another business activity that is not investment-related since 2014, dedicating minimal time to it.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
June 2010 - Present · 16 yrs 4 mos
Ameriprise Financial Services, LLC
January 1984 - Present · 42 yrs 9 mos
Ameriprise Financial Services, LLCBroker
January 1984 - Present · 42 yrs 9 mos
Previous Registrations
Ids Life Insurance CompanyBroker
January 1984 - July 2006 · 22 yrs 6 mos
Ids Financial Services INC.Broker
January 1984 - December 1986 · 2 yrs 11 mos
State Registrations22 states
AZCACOFLGAILINKYLAMIMNMONCNYOHPASCTNTXVAWAWI
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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