MK
MK

Michael Krarup

28 Years of Experience
Pittsburgh, PA
Broker

Michael Krarup is a registered investment advisor at Ameriprise Financial Services, LLC, based in Pittsburgh, PA, with 28 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

5500 Corporate Dr, Ste 215, Pittsburgh, PA, 15237

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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

Michael manages his Ameriprise business and is a member and investor in RKM Partners LLC. Managing his Ameriprise business takes about 10-20% of his time, while his involvement with RKM Partners LLC requires minimal time.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
January 2004 - Present · 22 yrs 6 mos
Ameriprise Financial Services, LLC
October 1997 - Present · 28 yrs 9 mos
Ameriprise Financial Services, LLCBroker
October 1997 - Present · 28 yrs 9 mos
Previous Registrations
Ids Life Insurance CompanyBroker
October 1997 - July 2006 · 8 yrs 9 mos
State Registrations12 states
CAFLINMDNCNJOHPASCTXVAWV
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.