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Michael Farmer

Ameriprise Financial Services, LLC
29 Years of Experience
Southlake, TX
1 DisclosureBroker
View SEC Summary
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Michael Farmer is a registered investment advisor at Ameriprise Financial Services, LLC, based in Southlake, TX, with 29 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Business Owners, Charitable Giving, Corporate Executives, Education Planning, and 6 more. Their firm serves 1,386,329 clients with $660B in assets under management.

Ameriprise Financial Services, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
12955 advisors
Number of Clients
1,386,329 clients
Average Client Portfolio
$476K average
Assets Under Management
$660.5B

Fee Structure

Minimum Investment:$2K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.00%

The maximum total annual advisory fee is 2.0% of managed account assets. Fees are negotiable with your financial advisor and vary based on the specific program and services selected.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

950 E State Hwy 114, Ste 100, Southlake, TX, 76092

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History

Regulatory History (1)
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.
Criminal
July 1981
Final Disposition
View Full SEC ReportHow to Read Disclosures
Employment History
Current Registrations
Ameriprise Financial Services, LLC
January 2022 - Present · 4 yrs 9 mos
Ameriprise Financial Services, LLC
January 2022 - Present · 4 yrs 9 mos
Ameriprise Financial Services, LLCBroker
January 2022 - Present · 4 yrs 9 mos
Previous Registrations
Wells Fargo Clearing Services, LLC
January 2016 - January 2022 · 6 yrs
Wells Fargo Clearing Services, LLCBroker
January 2016 - January 2022 · 6 yrs
UBS Financial Services INC.Broker
August 2011 - January 2016 · 4 yrs 5 mos
UBS Financial Services INC.
August 2011 - January 2016 · 4 yrs 5 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
February 2003 - August 2011 · 8 yrs 6 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
November 2002 - August 2011 · 8 yrs 9 mos
Charles Schwab & CO., INC.Broker
October 1999 - October 2002 · 3 yrs
Fidelity Brokerage Services, INC.Broker
April 1996 - March 1999 · 2 yrs 11 mos
State Registrations10 states
CAGAMANHNJNYOKSCTXWA
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.
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