Pedro Torres
Pedro Torres is a registered investment advisor at Ameriprise Financial Services, LLC, based in Miami, FL, with 25 years of industry experience. Pedro 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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
9100 S Dadeland Blvd Ste 1500, Miami, FL, 33156-7816
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Regulatory History (1)
Employment Separation After Allegations
May 2013Other Business ActivitiesSells Insurance
Pedro works as an insurance agent for 1847Financial and Acosta Financial Group LLC, focusing on multi-line insurance and financial planning. He also serves on a grievance committee for the Florida Bar and dedicates nearly full-time hours to financial planning with Karp Financial Strategies.
Employment History
Current Registrations
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLCBroker
Previous Registrations
Hornor, Townsend & Kent, LLC
Hornor, Townsend & Kent, LLCBroker
Principal Securities, INC.
Principal Securities, INC.Broker
Capital Asset Advisory Services, LLC
Hsbc Securities (USA) INC.
Hsbc Securities (USA) INC.Broker
Investacorp, INC.Broker
Citigroup Global Markets INC.Broker
Banc of America Investment Services, INC.Broker
Park Avenue Securities LLCBroker
Pruco Securities, LLC.Broker
Prudential Securities IncorporatedBroker
Pruco Securities CorporationBroker
American Express Financial Advisors INC.Broker
Ids Life Insurance CompanyBroker
State Registrations1 state
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.