MH
ChFC
MH
ChFC

Michael Hycki

32 Years of Experience
Novi, MI
1 DisclosureBroker

Michael Hycki is a ChFC-designated registered investment advisor at Ameriprise Financial Services, LLC, based in Novi, MI, with 32 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
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.

Loading...

Location

42705 Grand River Ave Ste 201, Novi, MI, 48375-1772

Get directions

History

Regulatory History (1)
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
September 2002
Settled
Other Business Activities

Michael has business ownership and outside employment activities. Both activities are investment-related and take about a third of his time each.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
April 2022 - Present · 4 yrs 1 mo
Ameriprise Financial Services, LLC
April 2022 - Present · 4 yrs 1 mo
Ameriprise Financial Services, LLCBroker
April 2022 - Present · 4 yrs 1 mo
Previous Registrations
Cambridge Investment Research Advisors, INC.
September 2010 - April 2022 · 11 yrs 7 mos
Cambridge Investment Research, INC.Broker
August 2001 - April 2022 · 20 yrs 8 mos
Commonwealth Financial NetworkBroker
April 2001 - August 2001 · 4 mos
Sky Investments, INC.Broker
February 2000 - April 2001 · 1 yr 2 mos
Securities America, INC.Broker
March 1999 - February 2000 · 11 mos
Linsco/private Ledger CORP.Broker
October 1997 - March 1999 · 1 yr 5 mos
American Express Financial Advisors INC.Broker
September 1993 - October 1997 · 4 yrs 1 mo
Ids Life Insurance CompanyBroker
September 1993 - October 1997 · 4 yrs 1 mo
State Registrations18 states
CADCFLGAILINMDMINCNENVNYOHOKSCTXVAWA
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.
Michael Hycki - Financial Advisor | TrueAdvisor