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CFP
EV
CFP

Ernest Velez

Ameriprise Financial Services, LLC
39 Years of Experience
Boca Raton, FL
1 DisclosureBroker
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Ernest Velez is a CFP-designated registered investment advisor at Ameriprise Financial Services, LLC, based in Boca Raton, FL, with 39 years of industry experience. Ernest 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.

Ameriprise Financial Services, LLC
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
—
View Full SEC Brochure

Location

5200 Town Center Cir Ste 600, Boca Raton, FL, 33486-1045

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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.
Criminal
April 2000
Final Disposition
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Ernest is the President of Velez, serving on the Board of Directors since 2007. This activity requires minimal time.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
August 2010 - Present · 16 yrs 2 mos
Ameriprise Financial Services, LLC
August 2010 - Present · 16 yrs 2 mos
Ameriprise Financial Services, LLCBroker
August 2010 - Present · 16 yrs 2 mos
Previous Registrations
Securities America, INC.Broker
October 2010 - October 2011 · 1 yr
Janney Montgomery Scott LLC
May 2005 - August 2010 · 5 yrs 3 mos
Janney Montgomery Scott LLCBroker
July 2002 - August 2010 · 8 yrs 1 mo
Prudential Securities Incorporated
January 1997 - August 2002 · 5 yrs 7 mos
Prudential Securities IncorporatedBroker
July 1996 - August 2002 · 6 yrs 1 mo
Raymond James & Associates, INC.Broker
September 1995 - May 1996 · 8 mos
Jw Charles Securities,inc.Broker
January 1994 - October 1995 · 1 yr 9 mos
Jw Charles Securities, INC.Broker
November 1987 - January 1994 · 6 yrs 2 mos
E. F. Hutton & Company INCBroker
October 1986 - November 1987 · 1 yr 1 mo
State Registrations22 states
ARAZCACTFLGAIAILMAMDMENCNENJNYOHPAPRRITNVAVT
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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