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Peter Hembrough

32 Years of Experience
Morrison, IL
Broker

Peter Hembrough is a registered investment advisor at Ameriprise Financial Services, LLC, based in Morrison, IL, with 32 years of industry experience. Peter 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

117 E Main St, Morrison, IL, 61270

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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

Peter owns commercial real estate in Morrison, IL since 2003. He also has another business ownership activity since 2018, taking about 10-20% of his time, and another since 2011, dedicating minimal time.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
December 1997 - Present · 28 yrs 5 mos
Ameriprise Financial Services, LLC
December 1993 - Present · 32 yrs 5 mos
Ameriprise Financial Services, LLCBroker
December 1993 - Present · 32 yrs 5 mos
Previous Registrations
Ids Life Insurance CompanyBroker
December 1993 - July 2006 · 12 yrs 7 mos
State Registrations6 states
FLIAILINMNWI
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.