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Michael Mccranie

37 Years of Experience
Jacksonville, FL
1 DisclosureBroker

Michael Mccranie is a registered investment advisor at Ameriprise Financial Services, LLC, based in Jacksonville, FL, with 37 years of industry experience. Michael 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

6817 Southpoint Pkwy, Ste 1103, Jacksonville, FL, 32216

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History

Regulatory History (1)
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Employment Separation After Allegations
June 1990
Other Business Activities

Michael has business ownership, other, and consulting activities since 2010, spending a few hours per week on these activities. These activities are not investment-related.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
September 2019 - Present · 6 yrs 10 mos
Ameriprise Financial Services, LLC
September 2019 - Present · 6 yrs 10 mos
Ameriprise Financial Services, LLCBroker
September 2019 - Present · 6 yrs 10 mos
Previous Registrations
LPL Financial LLC
May 2002 - October 2019 · 17 yrs 5 mos
LPL Financial LLCBroker
March 2002 - October 2019 · 17 yrs 7 mos
Fsc Securities CorporationBroker
April 1995 - April 2002 · 7 yrs
American Express Financial Advisors INC.Broker
January 1992 - April 1995 · 3 yrs 3 mos
Ids Life Insurance CompanyBroker
January 1992 - April 1995 · 3 yrs 3 mos
National Securities CorporationBroker
November 1989 - July 1990 · 8 mos
The Stuart-James Company, IncorporatedBroker
September 1986 - November 1989 · 3 yrs 2 mos
State Registrations14 states
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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.