TrueAdvisor
TrueAdvisor
JM
CFP
JM
CFP

James Michelsen

Ameriprise Financial Services, LLC
33 Years of Experience
Rockford, IL
Broker
View SEC Summary
View SEC Summary

James Michelsen is a CFP-designated registered investment advisor at Ameriprise Financial Services, LLC, based in Rockford, IL, with 33 years of industry experience. James is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Business Owners, Charitable Giving, Corporate Executives, Education Planning, and 6 more. Their firm serves 1,386,329 clients with $660B in assets under management.

Ameriprise Financial Services, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
12955 advisors
Number of Clients
1,386,329 clients
Average Client Portfolio
$476K average
Assets Under Management
$660.5B

Fee Structure

Minimum Investment:$2K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.00%

The maximum total annual advisory fee is 2.0% of managed account assets. Fees are negotiable with your financial advisor and vary based on the specific program and services selected.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

6067 Strathmoor Dr, Rockford, IL, 61107-6631

Get directions

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.

Learn about disclosures →
Other Business Activities

James plays guitar and sings in a local band called Rock5ive roughly once a month. This activity takes about 10-20% of his time and is not investment-related.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
October 2002 - Present · 24 yrs
Ameriprise Financial Services, LLC
September 2002 - Present · 24 yrs 1 mo
Ameriprise Financial Services, LLCBroker
September 2002 - Present · 24 yrs 1 mo
Previous Registrations
Ids Life Insurance CompanyBroker
September 2002 - July 2006 · 3 yrs 10 mos
American Express Financial Advisors, INC.
December 1997 - September 2002 · 4 yrs 9 mos
American Express Financial Advisors INC.Broker
December 1992 - September 2002 · 9 yrs 9 mos
Ids Life Insurance CompanyBroker
December 1992 - September 2002 · 9 yrs 9 mos
State Registrations18 states
AZCACODEFLGAIAILINMIMNNCOHPASCTNTXWI
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.
More Advisors
More financial advisors in Rockford, IL →All financial advisors in Illinois →