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Michael Bennitt

38 Years of Experience
Springfield, MO
1 DisclosureBroker

Michael Bennitt is a registered investment advisor at Ameriprise Financial Services, LLC, based in Springfield, MO, 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
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
12781 advisors
Number of Clients
1,330,280 clients
Average Client Portfolio
$424K average
Assets Under Management
$564.6B

Fee Structure

Minimum Investment:$2K

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.

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Location

2870 S Ingram Mill Rd, Ste D1, Springfield, MO, 65804

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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 3 mos
Ameriprise Financial Services, LLCBroker
June 2024 - Present · 2 yrs 3 mos
Ameriprise Financial Services, LLC
June 2024 - Present · 2 yrs 3 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 Registrations4 states
ALMONETX
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.