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Michael Testoni

Ameriprise Financial Services, LLC
33 Years of Experience
Palm Coast, FL
Broker
View SEC Summary
View SEC Summary

Michael Testoni is a CFP-designated registered investment advisor at Ameriprise Financial Services, LLC, based in Palm Coast, 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

10 Florida Park Drive N, Ste D, Palm Coast, FL, 32137

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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.

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Other Business Activities

Michael owns a tax preparation business since 2003. This takes about 10-20% of his time, including time during trading hours.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
November 2017 - Present · 8 yrs 11 mos
Ameriprise Financial Services, LLC
October 2017 - Present · 9 yrs
Ameriprise Financial Services, LLCBroker
October 2017 - Present · 9 yrs
Previous Registrations
Cambridge Investment Research Advisors, INC.
November 2012 - November 2017 · 5 yrs
Cambridge Investment Research, INC.Broker
November 2012 - November 2017 · 5 yrs
Investors Capital Advisory
January 2005 - November 2012 · 7 yrs 10 mos
Eastern Point Advisors INC.
May 2003 - December 2004 · 1 yr 7 mos
Investors Capital CORP.Broker
January 2003 - November 2012 · 9 yrs 10 mos
Signator Investors, INC.Broker
February 1999 - February 2003 · 4 yrs
Equity Services, INC.Broker
June 1996 - February 1999 · 2 yrs 8 mos
Ffp Securities, INC.Broker
March 1993 - May 1996 · 3 yrs 2 mos
State Registrations10 states
CTFLGAILKYMOMSNCPASC
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.
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