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Walter Schram

Ameriprise Financial Services, LLC
39 Years of Experience
Farmington Hills, MI
2 DisclosuresBroker
View SEC Summary
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Walter Schram is a registered investment advisor at Ameriprise Financial Services, LLC, based in Farmington Hills, MI, with 39 years of industry experience. Walter 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

32255 Northwestern Hwy, Ste 200, Farmington Hills, MI, 48334-1574

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History

Regulatory History (2)
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.
Customer Dispute
January 2025
Pending
Customer Dispute
February 2012
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Walter has ownership interests in multiple real estate properties and LLCs, including Cali-McAllen LLC, OLHSA Building LLC, PAE Gymnasium Complex LLC, Nodell Parks LLC, and Joslyn Collier I,II,III. These activities are not investment-related and require minimal time.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
August 2017 - Present · 9 yrs 2 mos
Ameriprise Financial Services, LLCBroker
August 2017 - Present · 9 yrs 2 mos
Ameriprise Financial Services, LLC
August 2017 - Present · 9 yrs 2 mos
Previous Registrations
UBS Financial Services INC.
October 2010 - September 2017 · 6 yrs 11 mos
UBS Financial Services INC.Broker
October 2006 - September 2017 · 10 yrs 11 mos
Citigroup Global Markets INC.Broker
July 1993 - October 2006 · 13 yrs 3 mos
Lehman Brothers INC.Broker
April 1988 - July 1993 · 5 yrs 3 mos
E. F. Hutton & Company INCBroker
September 1987 - April 1988 · 7 mos
State Registrations28 states
ALAZCACTDCFLGAILINMAMDMEMIMNMONENJNMNVNYOHPASCTNTXVAWAWI
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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