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Richard Young

32 Years of Experience
Gainesville, GA
Broker

Richard Young is a registered investment advisor at Ameriprise Financial Services, LLC, based in Gainesville, GA, with 32 years of industry experience. Richard 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

329 Oak St Ste 202, Gainesville, GA, 30501

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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

Richard has several outside business activities. He owns a business since 1993, serves as a board member for Young since February 2023, and is an assistant scoutmaster since June 2023.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
October 2019 - Present · 6 yrs 7 mos
Ameriprise Financial Services, LLC
October 2019 - Present · 6 yrs 7 mos
Ameriprise Financial Services, LLCBroker
October 2019 - Present · 6 yrs 7 mos
Previous Registrations
The Strategic Financial Alliance
January 2016 - October 2019 · 3 yrs 9 mos
The Strategic Financial Alliance, INC.Broker
January 2016 - October 2019 · 3 yrs 9 mos
LPL Financial LLCBroker
December 1999 - January 2016 · 16 yrs 1 mo
LPL Financial LLC
December 1999 - November 2015 · 15 yrs 11 mos
Princor Financial Services CorporationBroker
February 1994 - December 1999 · 5 yrs 10 mos
State Registrations9 states
COFLGAKSMDNCOHSCVA
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.
Richard Young - Financial Advisor | TrueAdvisor