Donald Torres
Donald Torres is a registered investment advisor at Ameriprise Financial Services, LLC, based in Irvine, CA, with 34 years of industry experience. Donald 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
2600 Michelson Dr, Ste 1460, Irvine, CA, 92612
Get directionsHistory
Regulatory History (3)
Customer Dispute
January 2009Customer Dispute
November 2006Customer Dispute
May 2003Other Business ActivitiesSells Insurance
Donald is an independent insurance broker for multiple companies, including Aetna, Blue Shield, and Healthnet. He also manages the office expenses of his financial advisory practice, spends about 10-20% of his time making footwear and consulting with boot brands, and serves as a board member for Torres.
Employment History
Current Registrations
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLCBroker
Previous Registrations
Ids Life Insurance CompanyBroker
State Registrations26 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.