AM
AM

Andrew Michnovicz

42 Years of Experience
Las Cruces, NM
Broker

Andrew Michnovicz is a registered investment advisor at Ameriprise Financial Services, LLC, based in Las Cruces, NM, with 42 years of industry experience. Andrew operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 1,330,280 clients with $560B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
12781 advisors
Number of Clients
1,330,280 clients
Average Client Portfolio
$424K average
Assets Under Management
$564.6B

Fee Structure

Minimum Investment:$2K

Ameriprise Financial Services offers several managed account programs. The fees vary depending on the program selected. These fees include an asset-based fee, which covers investment advisory services and investment management fees. Some accounts may also have an Investments and Infrastructure Support Fee. Clients also pay investment costs, which are the underlying fees related to investment products purchased within the managed account. Additional fees and expenses may be incurred based on the nature of the investments.

Loading...

Location

1690 S Telshor Blvd, Ste 2, Las Cruces, NM, 88011-4889

Get directions

History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

Learn about disclosures →
Other Business Activities

Andrew manages his Ameriprise business and Lleno Mesa Enterprises, dedicating about 60 hours per month to each. He also spends minimal time on other business ownership activities.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
May 2022 - Present · 4 yrs 2 mos
Ameriprise Financial Services, LLC
May 2022 - Present · 4 yrs 2 mos
Ameriprise Financial Services, LLCBroker
May 2022 - Present · 4 yrs 2 mos
Previous Registrations
Wells Fargo Advisors Financial Network, LLC
June 2010 - June 2022 · 12 yrs
Wells Fargo Advisors Financial Network, LLCBroker
June 2010 - June 2022 · 12 yrs
Wells Fargo Advisors, LLC
January 2008 - June 2010 · 2 yrs 5 mos
Wells Fargo Advisors, LLCBroker
January 2008 - June 2010 · 2 yrs 5 mos
A. G. Edwards & Sons, INC.
February 2007 - January 2008 · 11 mos
A. G. Edwards & Sons, INC.Broker
January 1986 - January 2008 · 22 yrs
Integrated Resources Equity CorporationBroker
March 1984 - January 1986 · 1 yr 10 mos
State Registrations16 states
AZCACOFLIDILINMTNMNYOKORTNTXVAWA
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.