RM
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Richard Manankil

31 Years of Experience
Lakewood Ranch, FL
Broker

Richard Manankil is a registered investment advisor at Ameriprise Financial Services, LLC, based in Lakewood Ranch, FL, with 31 years of industry experience. Richard 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

7317 Merchant Ct Ste B, Lakewood Ranch, FL, 34240

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business Activities

Richard manages his Ameriprise business, dedicating about a third of his time. He also owns Reagan Espie Inc, spending a few hours per week on this investment-related activity.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
January 2021 - Present · 5 yrs 4 mos
Ameriprise Financial Services, LLC
January 2021 - Present · 5 yrs 4 mos
Ameriprise Financial Services, LLCBroker
January 2021 - Present · 5 yrs 4 mos
Previous Registrations
Wells Fargo Clearing Services, LLC
November 2016 - January 2021 · 4 yrs 2 mos
Wells Fargo Clearing Services, LLCBroker
November 2016 - January 2021 · 4 yrs 2 mos
Janney Montgomery Scott LLC
November 2012 - November 2016 · 4 yrs
Janney Montgomery Scott LLCBroker
November 2012 - November 2016 · 4 yrs
Raymond James & Associates, INC.
October 2008 - November 2012 · 4 yrs 1 mo
Raymond James & Associates, INC.Broker
September 2008 - November 2012 · 4 yrs 2 mos
Banc of America Investment Services, INC.
August 2004 - September 2008 · 4 yrs 1 mo
Banc of America Investment Services, INC.Broker
August 2004 - September 2008 · 4 yrs 1 mo
Legg Mason Wood Walker INC
March 1997 - August 2004 · 7 yrs 5 mos
Legg Mason Wood Walker, IncorporatedBroker
March 1995 - August 2004 · 9 yrs 5 mos
J. W. Gant & Associates, INC.Broker
October 1988 - December 1988 · 2 mos
State Registrations14 states
AKFLGAHIIDKYMDMEMNNCNJOHUTVA
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.
Richard Manankil - Financial Advisor | TrueAdvisor