LB
CFP · ChFC
LB
CFP · ChFC

Lance Butner

36 Years of Experience
Edina, MN
1 DisclosureBroker

Lance Butner is a CFP, ChFC-designated registered investment advisor at Ameriprise Financial Services, LLC, based in Edina, MN, with 36 years of industry experience. Lance 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

7601 France Ave S, Ste 630, Edina, MN, 55435-5968

Get directions

History

Regulatory History (1)
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
April 2008
Denied
Other Business Activities

Lance co-owns and manages an Ameriprise business, dedicating a few hours per week. He also serves as a board member for Butner, spending a few hours per week on this activity.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
February 2010 - Present · 16 yrs 8 mos
Ameriprise Financial Services, LLC
February 1990 - Present · 36 yrs 8 mos
Ameriprise Financial Services, LLCBroker
February 1990 - Present · 36 yrs 8 mos
Previous Registrations
Ids Life Insurance CompanyBroker
February 1990 - July 2006 · 16 yrs 5 mos
State Registrations35 states
AKARAZCACOCTDCFLGAIAIDILMAMDMIMNMOMTNCNDNENJNMNVNYOHORSCSDTNTXVAWAWIWY
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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