MF
MF

Michael Farmer

29 Years of Experience
Southlake, TX
1 DisclosureBroker

Michael Farmer is a registered investment advisor at Ameriprise Financial Services, LLC, based in Southlake, TX, with 29 years of industry experience. Michael 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

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

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History

Regulatory History (1)
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Criminal
July 1981
Final Disposition
Employment History
Current Registrations
Ameriprise Financial Services, LLC
January 2022 - Present · 4 yrs 8 mos
Ameriprise Financial Services, LLC
January 2022 - Present · 4 yrs 8 mos
Ameriprise Financial Services, LLCBroker
January 2022 - Present · 4 yrs 8 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.
Michael Farmer - Financial Advisor | TrueAdvisor