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Albert Alexander

Prospera Financial Services, INC.
36 Years of Experience
Memphis, TN
2 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

Albert Alexander is a registered investment advisor at Prospera Financial Services, INC., based in Memphis, TN, with 36 years of industry experience. Albert is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 2 more. Their firm serves 19,103 clients with $12B in assets under management.

Prospera Financial Services, INC.
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
280 advisors
Number of Clients
19,103 clients
Average Client Portfolio
$651K average
Assets Under Management
$12.4B

Fee Structure

Minimum Investment:None
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.15%

Maximum annual fee across investment management programs is 2.15% of assets under management. Fees are negotiable based on account size, complexity, and services provided.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

5100 Poplar Ave, Suite 1501, Memphis, TN, 38137

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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
June 2010
Settled
Customer Dispute
April 1997
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Albert provides fiduciary consulting services through Wunderlich & Company, dedicating full-time hours to this role. He also works as an affiliated broker for Summit Settlement Services, placing structured settlement annuity business and spending a few hours per week on this activity.

Employment History
Current Registrations
Prospera Financial Services, INC.
September 2024 - Present · 2 yrs 1 mo
Prospera Financial Services, INC.Broker
September 2024 - Present · 2 yrs 1 mo
Previous Registrations
B. Riley Wealth Advisors, INC.
July 2022 - September 2024 · 2 yrs 2 mos
B Riley Wealth Management
March 2004 - December 2022 · 18 yrs 9 mos
B. Riley Wealth ManagementBroker
August 2002 - September 2024 · 22 yrs 1 mo
A. G. Edwards & Sons, INC.Broker
November 1991 - August 2002 · 10 yrs 9 mos
Heidtke & Company, INC.Broker
May 1990 - November 1991 · 1 yr 6 mos
Randell Securities, INC.Broker
October 1989 - June 1990 · 8 mos
H. L. Camp & Company, INC.Broker
March 1989 - October 1989 · 7 mos
State Registrations53 states
AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPAPRRISCSDTNTXUTVAVTVirgin IslandsWAWIWVWY
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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Albert Alexander - Financial Advisor | TrueAdvisor