Michael Bailey
Michael Bailey is a CFP-designated registered investment advisor at Ameriprise Financial Services, LLC, based in Rancho Cucamonga, CA, with 38 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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
8608 Utica Ave, Ste 207, Rancho Cucamonga, CA, 91730
Get directionsHistory
Regulatory History (1)
Customer Dispute
July 2022Other Business Activities
Michael has multiple business activities, including business ownership since 2007 and 2004, dedicating minimal and about 10-20% of his time respectively. He is also the President of Bailey since 2004, spending minimal time on this role.
Employment History
Current Registrations
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLCBroker
Ameriprise Financial Services, LLC
Previous Registrations
Ids Life Insurance CompanyBroker
State Registrations14 states
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.