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Michael Bennitt

38 Years of Experience
Nixa, MO
1 DisclosureBroker

Michael Bennitt is a registered investment advisor at Ameriprise Financial Services, LLC, based in Nixa, MO, with 38 years of industry experience. Michael 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.

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
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Location

History

Regulatory History (1)
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Regulatory
October 2007
Final
Employment History
Current Registrations
Ameriprise Financial Services, LLC
June 2024 - Present · 2 yrs 4 mos
Ameriprise Financial Services, LLCBroker
June 2024 - Present · 2 yrs 4 mos
Ameriprise Financial Services, LLC
June 2024 - Present · 2 yrs 4 mos
Previous Registrations
World Equity Group, INC.Broker
September 2019 - June 2024 · 4 yrs 9 mos
World Equity Group, INC.
September 2019 - June 2024 · 4 yrs 9 mos
Wealth Teams Alliance
June 2019 - March 2020 · 9 mos
Securities America Advisors, INC.
December 2018 - May 2019 · 5 mos
Securities America, INC.Broker
December 2018 - May 2019 · 5 mos
Questar Capital CorporationBroker
January 2014 - December 2018 · 4 yrs 11 mos
Questar Asset Management, INC.
January 2014 - December 2018 · 4 yrs 11 mos
Woodbury Financial Services, INC.Broker
October 2009 - January 2014 · 4 yrs 3 mos
Woodbury Financial Services, INC.
October 2009 - January 2014 · 4 yrs 3 mos
Arvest Asset Management
June 2007 - October 2009 · 2 yrs 4 mos
Arvest Asset ManagementBroker
June 2007 - October 2009 · 2 yrs 4 mos
Raymond James Financial Services
June 2002 - June 2007 · 5 yrs
Raymond James Financial Services, INC.Broker
May 2002 - June 2007 · 5 yrs 1 mo
Great Southern InvestmentsBroker
August 1988 - May 2002 · 13 yrs 9 mos
Marketing One Securities, INC.Broker
January 1988 - December 1988 · 11 mos
State Registrations5 states
ALCAMONETX
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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