MH
MH

Michael Hannon

31 Years of Experience
Bloomfield Hills, MI
2 DisclosuresBrokerSells Insurance

Michael Hannon is a registered investment advisor at Ameriprise Financial Services, LLC, based in Bloomfield Hills, MI, with 31 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.

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Location

39533 Woodward Ave Ste 150, Bloomfield Hills, MI, 48304

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History

Regulatory History (2)
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
June 1999
Settled
Customer Dispute
April 1999
Settled
Other Business ActivitiesSells Insurance

Michael is an independent insurance broker since 2020. He also works with Athene Operating Subsidiaries and Penn Mutual, focusing on fixed annuities.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
October 2009 - Present · 16 yrs 7 mos
Ameriprise Financial Services, LLC
October 2009 - Present · 16 yrs 7 mos
Ameriprise Financial Services, LLCBroker
October 2009 - Present · 16 yrs 7 mos
Previous Registrations
Ameriprise Advisor Services, INC.
June 2007 - October 2009 · 2 yrs 4 mos
Ameriprise Advisor Services, INC.Broker
November 1994 - October 2009 · 14 yrs 11 mos
State Registrations39 states
ARAZCACOCTDCDEFLGAHIIAIDILINKYLAMAMDMEMIMNMONCNJNMNVNYOHPARISCTNTXVAVTWAWIWVWY
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.