TrueAdvisor
TrueAdvisor
ML
ML

Michael Lipscomb

Ameriprise Financial Services, LLC
33 Years of Experience
Orlando, FL
7 DisclosuresBroker
View SEC Summary
View SEC Summary

Michael Lipscomb is a registered investment advisor at Ameriprise Financial Services, LLC, based in Orlando, FL, with 33 years of industry experience. Michael 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

5401 S Kirkman Rd Ste 310, Orlando, FL, 32819

Get directions

History

Regulatory History (7)
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
November 2017
Award / Judgment
Customer Dispute
September 2012
Settled
Customer Dispute
January 2011
Settled
Customer Dispute
February 2003
Denied
Customer Dispute
May 2000
Denied
Criminal
May 1989
Final Disposition
Criminal
July 1985
Final Disposition
View Full SEC ReportHow to Read Disclosures
Other 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
October 2015 - Present · 11 yrs
Ameriprise Financial Services, LLC
August 2014 - Present · 12 yrs 2 mos
Ameriprise Financial Services, LLCBroker
August 2014 - Present · 12 yrs 2 mos
Previous Registrations
Wunderlich Securities, INC.Broker
March 2007 - August 2014 · 7 yrs 5 mos
Capital Securities of America, INC.Broker
February 2004 - March 2007 · 3 yrs 1 mo
Wachovia Securities Financial Network, LLCBroker
January 2001 - February 2004 · 3 yrs 1 mo
Jwgenesis Financial Group, INCBroker
January 1999 - January 2001 · 2 yrs
Chatfield Dean & CO., INC.Broker
October 1992 - January 1999 · 6 yrs 3 mos
State Registrations10 states
CAFLGANCNYSCTXVAWAWI
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 Orlando, FL →All financial advisors in Florida →