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Teresa Magaw

34 Years of Experience
San Antonio, TX
Broker

Teresa Magaw is a registered investment advisor at Ameriprise Financial Services, LLC, based in San Antonio, TX, with 34 years of industry experience. Teresa 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

10001 Reunion Pl Ste 422, San Antonio, TX, 78216-4127

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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.

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Employment History
Current Registrations
Ameriprise Financial Services, LLC
July 2018 - Present · 7 yrs 10 mos
Ameriprise Financial Services, LLC
July 2018 - Present · 7 yrs 10 mos
Ameriprise Financial Services, LLCBroker
July 2018 - Present · 7 yrs 10 mos
Previous Registrations
Investment Professionals, INC.
May 2018 - September 2018 · 4 mos
Investment Professionals, INC.Broker
May 2018 - September 2018 · 4 mos
LPL Financial LLC
February 2016 - March 2018 · 2 yrs 1 mo
LPL Financial LLCBroker
February 2016 - March 2018 · 2 yrs 1 mo
Lincoln Financial Advisors CorporationBroker
August 2014 - February 2016 · 1 yr 6 mos
Lincoln Financial Advisors Corporation
August 2014 - February 2016 · 1 yr 6 mos
Investment Professionals, INC.
December 2002 - September 2014 · 11 yrs 9 mos
Investment Professionals, INC.Broker
December 2002 - September 2014 · 11 yrs 9 mos
Third Coast Securities, LLC.Broker
October 2002 - December 2002 · 2 mos
Investment Advisors
September 1997 - October 2002 · 5 yrs 1 mo
Proequities, INC.Broker
September 1997 - October 2002 · 5 yrs 1 mo
Fiserv Investor Services, INC.Broker
July 1997 - October 1997 · 3 mos
Norwest Investment Services, INC.Broker
April 1996 - July 1997 · 1 yr 3 mos
Victoria Securities CorporationBroker
April 1994 - April 1996 · 2 yrs
NationssecuritiesBroker
June 1993 - May 1994 · 11 mos
Nationsbanc Securities, INC.Broker
June 1992 - June 1993 · 1 yr
J. W. Gant & Associates, INC.Broker
August 1991 - April 1992 · 8 mos
State Registrations3 states
COTXWA
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.
Teresa Magaw - Financial Advisor | TrueAdvisor