Michael Garofalo
Michael Garofalo is a registered investment advisor at Ameriprise Financial Services, LLC, based in Houston, TX, 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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
800 Bering Dr Ste 105, Houston, TX, 77057
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Regulatory History
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.
Learn about disclosures →Other Business Activities
Michael has business ownership activities that are not investment-related. He spends minimal time on these activities.
Employment History
Current Registrations
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLCBroker
Previous Registrations
Elite Securities, INC.Broker
Voya Financial Advisors, INC.
Voya Financial Advisors, INC.Broker
Aig Sunamerica Capital Services, INC.Broker
American Skandia Marketing, INC.Broker
Allstate Distributors, L.L.C.Broker
RBC Dain Rauscher INC.
RBC Dain Rauscher INC.Broker
Legg Mason Wood Walker, IncorporatedBroker
Cibc Oppenheimer CORP.Broker
Prudential Securities IncorporatedBroker
Prime Charter LTD.Broker
State Registrations29 states
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.