AB
ChFC
AB
ChFC

Alexander Borsuk

57 Years of Experience
Pennington, NJ
2 DisclosuresBrokerSells Insurance

Alexander Borsuk is a ChFC-designated registered investment advisor at Ameriprise Financial Services, LLC, based in Pennington, NJ, with 57 years of industry experience. Alexander 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

65 S Main St A-202, Pennington, NJ, 08534-2843

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History

Regulatory History (2)
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Judgment / Lien
September 2015
Customer Dispute
June 2011
Denied
Other Business ActivitiesSells Insurance

Alexander is an independent insurance broker with multiple companies, including Guardian Life and Blue Cross Blue Shield of NJ, since as early as 1970. He also owns Compass Advisors Group, LLC, a marketing and sales company, though it is not currently in use and takes minimal time.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
September 2019 - Present · 6 yrs 8 mos
Ameriprise Financial Services, LLC
March 2012 - Present · 14 yrs 2 mos
Ameriprise Financial Services, LLCBroker
March 2012 - Present · 14 yrs 2 mos
Previous Registrations
AXA Advisors, LLCBroker
October 1984 - March 2012 · 27 yrs 5 mos
The Mutual Life Insurance Company of New YorkBroker
February 1977 - September 1981 · 4 yrs 7 mos
The Equitable Life Assurance Society of the United StatesBroker
January 1971 - January 2000 · 29 yrs
Mayflower Securities CO., INC.Broker
October 1968 - March 1971 · 2 yrs 5 mos
State Registrations6 states
FLMAMDNJNYPA
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.