TrueAdvisor
TrueAdvisor
MS
CFP
MS
CFP

Michael Stewart

Ameriprise Financial Services, LLC
35 Years of Experience
Marion, IL
Broker
View SEC Summary
View SEC Summary

Michael Stewart is a CFP-designated registered investment advisor at Ameriprise Financial Services, LLC, based in Marion, IL, with 35 years of industry experience. Michael 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.

Ameriprise Financial Services, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
12908 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
—
View Full SEC Brochure

Location

Marion, IL

Get directions

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.

Learn about disclosures →
Other Business Activities

Michael owns rental real estate, farms, and is involved in financial planning. He is also president and board member for Stewart, an assistant soccer coach, and a managing member of Michael Stewart & Associates Financial Services LLC, and has a private equity investment in Cornerstone National Insurance.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
October 2021 - Present · 5 yrs
Ameriprise Financial Services, LLC
October 2021 - Present · 5 yrs
Ameriprise Financial Services, LLCBroker
October 2021 - Present · 5 yrs
Previous Registrations
Raymond James Financial Services Advisors, INC
June 2014 - October 2021 · 7 yrs 4 mos
Raymond James Financial Services, INC.Broker
June 2014 - October 2021 · 7 yrs 4 mos
Edward Jones
January 2007 - July 2014 · 7 yrs 6 mos
Edward JonesBroker
December 1990 - July 2014 · 23 yrs 7 mos
State Registrations32 states
ALARAZCACOFLGAHIIAILINKSKYMIMNMOMSNCNMNVNYOHOKORPASCTNTXVAWAWIWV
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.
More Advisors
More financial advisors in Marion, IL →All financial advisors in Illinois →