Andrea Spraungel

25 Years of Experience

Minneapolis, MN

Broker

Andrea Spraungel is a registered investment advisor at Ameriprise Financial Services, LLC, based in Minneapolis, MN, with 25 years of industry experience. Andrea 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.

Ameriprise Financial Services, LLC

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

901 3rd Ave S, Minneapolis, MN, 55402-3367

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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.

Other Business Activities

Andrea owns and manages rental real estate property since 2009, earning $10,000 - $20,000 per year, and spends about 10-20% of her time on it. She also assists with administrative duties for her spouse's rental property LLC, Johnny RD Properties, spending about 10-20% of her time with no income.