MF
MF

Michelle Feiten

30 Years of Experience
Edina, MN
Broker

Michelle Feiten is a registered investment advisor at Ameriprise Financial Services, LLC, based in Edina, MN, with 30 years of industry experience. Michelle 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

6550 York Ave S Ste 100, Edina, MN, 55435-2332

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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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Other Business Activities

Michelle works as a paraplanner and business management consultant with BDLR Group, Inc., assisting practices with transitions, legal documents, and valuations. This takes about a third of Michelle's time.

Employment History
Current Registrations
Ameriprise Financial Services, LLCBroker
January 2022 - Present · 4 yrs 6 mos
Ameriprise Financial Services, LLC
January 2022 - Present · 4 yrs 6 mos
Ameriprise Financial Services, LLC
January 2022 - Present · 4 yrs 6 mos
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
October 2018 - December 2021 · 3 yrs 2 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
October 2018 - December 2021 · 3 yrs 2 mos
Wells Fargo Clearing Services, LLC
February 2012 - August 2018 · 6 yrs 6 mos
Wells Fargo Advisors, LLC
June 2011 - January 2012 · 7 mos
Wells Fargo Clearing Services, LLCBroker
April 2002 - August 2018 · 16 yrs 4 mos
U.S. Bancorp Piper Jaffray INC.Broker
June 1995 - May 2002 · 6 yrs 11 mos
State Registrations1 state
MN
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.