KD
KD

Kenneth Demps

42 Years of Experience
Bloomfield Hills, MI
1 DisclosureBrokerSells Insurance

Kenneth Demps is a registered investment advisor at Ameriprise Financial Services, LLC, based in Bloomfield Hills, MI, with 42 years of industry experience. Kenneth 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.

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
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Location

39533 Woodward Ave Ste 150, Bloomfield Hills, MI, 48304

Get directions

History

Regulatory History (1)
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 2006
Denied
Other Business ActivitiesSells Insurance

Kenneth works as an independent insurance broker with American National since March 2024, selling fixed annuities.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
June 2017 - Present · 9 yrs 4 mos
Ameriprise Financial Services, LLCBroker
June 2017 - Present · 9 yrs 4 mos
Ameriprise Financial Services, LLC
June 2017 - Present · 9 yrs 4 mos
Previous Registrations
Morgan StanleyBroker
June 2009 - June 2017 · 8 yrs
Morgan Stanley
June 2009 - June 2017 · 8 yrs
Morgan Stanley & CO. Incorporated
April 2007 - June 2009 · 2 yrs 2 mos
Morgan Stanley & CO. IncorporatedBroker
April 2007 - June 2009 · 2 yrs 2 mos
Morgan Stanley
March 2007 - April 2007 · 1 mo
Morgan Stanley Dw INC.Broker
August 1984 - April 2007 · 22 yrs 8 mos
State Registrations37 states
ALAZCACOCTDCFLGAHIIDILINKYMAMDMEMIMNMOMSMTNCNDNJNYOHOKORPASCTNTXUTVAWAWIWV
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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