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Scott Stensrud

30 Years of Experience
Broker

Scott Stensrud is a registered investment advisor at Ameriprise Financial Services, LLC, based in Lake Elmo, MN, with 30 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

8935 33rd St N Ste 1, Lake Elmo, MN, 55042

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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

Scott owns a business at 1751 Hampshire Avenue since February 2021, but spends no time on it. He is also a committee member at Gloria Dei Lutheran Church, dedicating minimal time to reviewing requests for fund allocations.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
November 2005 - Present · 20 yrs 5 mos
Ameriprise Financial Services, LLCBroker
October 1997 - Present · 28 yrs 6 mos
Ameriprise Financial Services, LLC
October 1997 - Present · 28 yrs 6 mos
Previous Registrations
Ids Life Insurance CompanyBroker
October 1997 - July 2006 · 8 yrs 9 mos
U.S. Bancorp InvestmentsBroker
May 1995 - September 1997 · 2 yrs 4 mos
State Registrations8 states
AZCAFLILMNMTSCWI
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 Stensrud - Financial Advisor | TrueAdvisor