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Douglas Scammell

26 Years of Experience
Glen Allen, VA
Broker

Douglas Scammell is a registered investment advisor at Ameriprise Financial Services, LLC, based in Glen Allen, VA, with 26 years of industry experience. Douglas 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

3908 Springfield Rd, Glen Allen, VA, 23060

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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

Douglas has business ownership interests related to investments since 2020. This activity requires about 60 hours per month, all during trading hours.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
May 2012 - Present · 14 yrs
Ameriprise Financial Services, LLC
March 2012 - Present · 14 yrs 2 mos
Ameriprise Financial Services, LLCBroker
March 2012 - Present · 14 yrs 2 mos
Previous Registrations
Hold Brothers On-Line Investment Services L.L.C.Broker
August 2002 - September 2010 · 8 yrs 1 mo
Skeffington Securities, L.L.C.Broker
July 2002 - August 2002 · 1 mo
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
April 1995 - May 1999 · 4 yrs 1 mo
Thomas James Associates, INC.Broker
September 1994 - March 1995 · 6 mos
State Registrations25 states
AZCOCTDCFLGAILINKYLAMDMINCNHNYOHOKORPARISCTNTXVAWV
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.
Douglas Scammell - Financial Advisor | TrueAdvisor