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Terence Cormick

39 Years of Experience
Londonderry, NH
1 DisclosureBroker

Terence Cormick is a registered investment advisor at Ameriprise Financial Services, LLC, based in Londonderry, NH, with 39 years of industry experience. Terence 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

50 Nashua Rd Ste 112, Londonderry, NH, 03053

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History

Regulatory History (1)
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Customer Dispute
July 2008
Settled
Other Business Activities

Terence owns commercial real estate since 2021 and another business since 2015, neither of which are investment-related. He also serves on the Board of Directors for Mc Cormick, dedicating a few hours per week to each activity.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
July 1997 - Present · 28 yrs 9 mos
Ameriprise Financial Services, LLC
May 1986 - Present · 39 yrs 11 mos
Ameriprise Financial Services, LLCBroker
May 1986 - Present · 39 yrs 11 mos
Previous Registrations
Ids Life Insurance CompanyBroker
October 1999 - July 2006 · 6 yrs 9 mos
State Registrations22 states
AKARAZCADCFLMAMEMINCNHNYOHORPARISCTNTXVAVTWV
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.