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Michael Tuell

34 Years of Experience
Bangor, ME
BrokerSells Insurance

Michael Tuell is a registered investment advisor at Ameriprise Financial Services, LLC, based in Bangor, ME, with 34 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

77 Exchange St Ste 202, Bangor, ME, 04401-6612

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History

Regulatory History
Clean regulatory record

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

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Other Business ActivitiesSells Insurance

Michael works as an independent insurance broker since 2020, selling Medicare Supplement insurance. He also works as a college hockey TV analyst, spending about 10-20% of his time on this activity.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
August 2020 - Present · 5 yrs 9 mos
Ameriprise Financial Services, LLCBroker
August 2020 - Present · 5 yrs 9 mos
Ameriprise Financial Services, LLC
August 2020 - Present · 5 yrs 9 mos
Previous Registrations
Financial Advocates Investment Management
November 2012 - August 2020 · 7 yrs 9 mos
Financial Advocates Investment Management
November 2011 - November 2012 · 1 yr
LPL Financial LLCBroker
November 2010 - August 2020 · 9 yrs 9 mos
Nrp Advisors, INC.
June 2009 - December 2010 · 1 yr 6 mos
Nrp Financial, INC.Broker
June 2009 - November 2010 · 1 yr 5 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
June 2005 - June 2009 · 4 yrs
Means Investment CO., INC.
November 2001 - June 2005 · 3 yrs 7 mos
Means Investment CO., INC.Broker
October 1993 - June 2005 · 11 yrs 8 mos
Nylife Securities INC.Broker
April 1991 - December 1992 · 1 yr 8 mos
The Equitable Life Assurance Society of the United StatesBroker
May 1990 - January 1991 · 8 mos
Equico Securities, INC.Broker
May 1990 - January 1991 · 8 mos
State Registrations8 states
CTFLMAMENCNHNYVT
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.