Philip Watson
Philip Watson is a registered investment advisor at Ameriprise Financial Services, LLC, based in Downers Grove, IL, with 32 years of industry experience. Philip 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
3000 Woodcreek Dr, Ste 110, Downers Grove, IL, 60515
Get directionsHistory
Regulatory History (2)
Customer Dispute
April 2022Customer Dispute
March 2006Other Business ActivitiesSells Insurance
Philip owns commercial real estate and is an independent insurance broker for Blue Cross and Blue Shield of Illinois and United Healthcare. He also owns Roosevelt Properties and serves as a board member for Watson, dedicating minimal time to these activities.
Employment History
Current Registrations
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLCBroker
Previous Registrations
Securities America, INC.Broker
Ids Life Insurance CompanyBroker
State Registrations2 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.