KB
CFP
KB
CFP

Kenneth Basten

32 Years of Experience
Monticello, MN
1 DisclosureBroker

Kenneth Basten is a CFP-designated registered investment advisor at Ameriprise Financial Services, LLC, based in Monticello, MN, with 32 years of industry experience. Kenneth 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

9240 State Hwy 25 Ne, Ste A, Monticello, MN, 55362

Get directions

History

Regulatory History (1)
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Customer Dispute
March 2008
Settled
Other Business Activities

Kenneth has business ownership in an entity at 6768 Bellflower Dr since 2020, which is not investment-related. He spends minimal time on this activity.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
October 2011 - Present · 14 yrs 7 mos
Ameriprise Financial Services, LLC
August 1993 - Present · 32 yrs 9 mos
Ameriprise Financial Services, LLCBroker
August 1993 - Present · 32 yrs 9 mos
Previous Registrations
Ameriprise Financial Services, INC.
October 2007 - December 2009 · 2 yrs 2 mos
Ids Life Insurance CompanyBroker
August 1993 - July 2006 · 12 yrs 11 mos
State Registrations10 states
AZCOFLGAIAILMNNDSDWA
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.