Michael Forsberg
Michael Forsberg is a registered investment advisor at Ameriprise Financial Services, LLC, based in St Cloud, MN, 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
30 25th Ave S, Ste 101, St Cloud, MN, 56301
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Regulatory History (1)
Customer Dispute
September 2012Other Business ActivitiesSells Insurance
Michael operates under the DBA Forsberg Investments and Insurance, LLC since 2002, which is related to his LPL business. He also sells non-variable insurance through this entity.
Employment History
Current Registrations
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLCBroker
Previous Registrations
LPL Financial LLC
LPL Financial LLCBroker
Securities America Advisors, INC.
Usadvisors Wealth Management, LLC
Securities America, INC.Broker
Securities America Advisors, INC.
Fintegra, LLC
Fintegra, LLCBroker
Edward JonesBroker
Pruco Securities CorporationBroker
Princor Financial Services CorporationBroker
State Registrations5 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.