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Thomas Young

35 Years of Experience
Austin, TX
Broker

Thomas Young is a registered investment advisor at Ameriprise Financial Services, LLC, based in Austin, TX, with 35 years of industry experience. Thomas 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.

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Location

Austin, TX

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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.

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Employment History
Current Registrations
Ameriprise Financial Services, LLCBroker
May 2017 - Present · 9 yrs
Ameriprise Financial Services, LLC
May 2017 - Present · 9 yrs
Previous Registrations
Kestra Advisory Services, LLC
April 2016 - March 2017 · 11 mos
Kestra Investment Services, LLCBroker
October 2003 - March 2017 · 13 yrs 5 mos
NFP Advisor Services, LLC
October 2003 - September 2016 · 12 yrs 11 mos
Worthington Securities, L.L.C.Broker
April 2003 - August 2003 · 4 mos
Protrader Trading, L.L.C.Broker
June 2000 - September 2001 · 1 yr 3 mos
Protrader Securities L.P.Broker
May 1999 - April 2003 · 3 yrs 11 mos
Partners Securities, INC.Broker
October 1997 - May 1998 · 7 mos
Thornhill Securities, INC.Broker
March 1991 - November 1995 · 4 yrs 8 mos
Donaldson, Lufkin & Jenrette Securities CorporationBroker
January 1990 - June 1990 · 5 mos
Beechwood Securities CORP.Broker
August 1986 - January 1990 · 3 yrs 5 mos
Wall Street Clearing CompanyBroker
October 1985 - March 1986 · 5 mos
State Registrations4 states
ARMATXUT
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.