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Scott Hillary

31 Years of Experience
Grand Rapids, MI
2 DisclosuresBrokerSells Insurance

Scott Hillary is a registered investment advisor at Ameriprise Financial Services, LLC, based in Grand Rapids, MI, with 31 years of industry experience. Scott 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

99 Monroe Ave NW, Grand Rapids, MI, 49503

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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
August 2011
Withdrawn
Customer Dispute
November 2007
Settled
Other Business ActivitiesSells Insurance

Scott is an independent insurance broker since 2020, focusing on fixed annuities. He also works at Comerica Financial Advisors and is involved with Fo2/maestro, a cash management system; both activities take about a third of his time each.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
November 2023 - Present · 2 yrs 6 mos
Ameriprise Financial Services, LLCBroker
November 2023 - Present · 2 yrs 6 mos
Ameriprise Financial Services, LLC
August 2023 - Present · 2 yrs 9 mos
Previous Registrations
Comerica SecuritiesBroker
March 2007 - November 2023 · 16 yrs 8 mos
Comerica Securities
March 2007 - November 2023 · 16 yrs 8 mos
Fifth Third Securities, INC.
March 2005 - April 2007 · 2 yrs 1 mo
Fifth Third Securities, INC.Broker
May 2001 - April 2007 · 5 yrs 11 mos
Old Kent Financial AdvisorsBroker
August 1996 - May 2001 · 4 yrs 9 mos
Gna Securities, INC.Broker
February 1996 - August 1996 · 6 mos
Olde Discount CorporationBroker
August 1994 - February 1996 · 1 yr 6 mos
State Registrations19 states
AZCACODEFLGAILINMINCNYOHOKPASCTXVAWAWI
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.
Scott Hillary - Financial Advisor | TrueAdvisor