Michael Lipscomb
Michael Lipscomb is a registered investment advisor at Ameriprise Financial Services, LLC, based in Orlando, FL, with 33 years of industry experience. Michael 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
5401 S Kirkman Rd Ste 310, Orlando, FL, 32819
Get directionsHistory
Regulatory History (7)
Customer Dispute
November 2017Customer Dispute
September 2012Customer Dispute
January 2011Customer Dispute
February 2003Customer Dispute
May 2000Criminal
May 1989Criminal
July 1985Other Business Activities
Michael is involved in outside employment with Franserv since 2017. This activity is not investment-related and requires minimal time.
Employment History
Current Registrations
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLCBroker
Previous Registrations
Wunderlich Securities, INC.Broker
Capital Securities of America, INC.Broker
Wachovia Securities Financial Network, LLCBroker
Jwgenesis Financial Group, INCBroker
Chatfield Dean & CO., INC.Broker
State Registrations10 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.