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Francisco Hernando

33 Years of Experience
Miami, FL
5 DisclosuresBroker

Francisco Hernando is a registered investment advisor at Ameriprise Financial Services, LLC, based in Miami, FL, with 33 years of industry experience. Francisco 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

9130 S Dadeland Blvd, Ste 1903, Miami, FL, 33156

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History

Regulatory History (5)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
September 2016
Denied
Judgment / Lien
June 2016
Judgment / Lien
September 2014
Customer Dispute
May 2013
Closed-No Action
Customer Dispute
September 2002
Denied
Other Business Activities

Francisco has business ownership and other activities at two locations in Miami, starting in 2013 and 2018, dedicating a few hours per week to each. He also holds a real estate license.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
June 1992 - Present · 34 yrs 1 mo
Ameriprise Financial Services, LLC
June 1992 - Present · 34 yrs 1 mo
Ameriprise Financial Services, LLCBroker
June 1992 - Present · 34 yrs 1 mo
Previous Registrations
Ids Life Insurance CompanyBroker
June 1992 - July 2006 · 14 yrs 1 mo
State Registrations4 states
FLTNTXVA
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.