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Jeffrey Arouth

27 Years of Experience
Danvers, MA
Broker

Jeffrey Arouth is a registered investment advisor at Ameriprise Financial Services, LLC, based in Danvers, MA, with 27 years of industry experience. Jeffrey 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

175 Andover St, Ste 201, Danvers, MA, 01923

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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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Employment History
Current Registrations
Ameriprise Financial Services, LLC
August 2021 - Present · 4 yrs 9 mos
Ameriprise Financial Services, LLCBroker
August 2021 - Present · 4 yrs 9 mos
Ameriprise Financial Services, LLC
August 2021 - Present · 4 yrs 9 mos
Previous Registrations
LPL Financial LLC
February 2010 - August 2021 · 11 yrs 6 mos
LPL Financial LLCBroker
February 2010 - August 2021 · 11 yrs 6 mos
Banc of America Investment Services, INC.
September 2005 - April 2009 · 3 yrs 7 mos
Banc of America Investment Services, INC.Broker
August 2005 - April 2009 · 3 yrs 8 mos
Cco Investment Services CORP.Broker
April 2005 - September 2005 · 5 mos
Banc of America Investment Services, INC.
October 2004 - March 2005 · 5 mos
Banc of America Investment Services, INC.Broker
October 2004 - March 2005 · 5 mos
Quick & Reilly, INC.
July 2003 - October 2004 · 1 yr 3 mos
Quick & Reilly, INC.Broker
August 2001 - October 2004 · 3 yrs 2 mos
Citizens Financial Services INC.Broker
January 2000 - August 2001 · 1 yr 7 mos
Scudder Financial Services, INC.Broker
January 1999 - March 1999 · 2 mos
Scudder Investor Services, INC.Broker
December 1996 - December 1998 · 2 yrs
Metlife Securities INC.Broker
June 1996 - August 1996 · 2 mos
Metropolitan Life Insurance CompanyBroker
June 1996 - August 1996 · 2 mos
State Registrations9 states
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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.