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Terence Powell

Ameriprise Financial Services, LLC
28 Years of Experience
Live Oak, TX
1 DisclosureBroker
View SEC Summary
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Terence Powell is a registered investment advisor at Ameriprise Financial Services, LLC, based in Live Oak, TX, with 28 years of industry experience. Terence 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

1 IKEA-RBFCU Pkwy, Live Oak, TX, 78233-2792

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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.
Customer Dispute
August 2009
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Terence owns a single-family real estate property since 2000. He also works for Randolph Brooks Federal Credit Union, spending about 10-20% of his time there.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
May 2022 - Present · 4 yrs 5 mos
Ameriprise Financial Services, LLCBroker
May 2022 - Present · 4 yrs 5 mos
Ameriprise Financial Services, LLC
May 2022 - Present · 4 yrs 5 mos
Previous Registrations
Cuso Financial Services, L.P.
June 2016 - June 2021 · 5 yrs
Cuso Financial Services, L.P.Broker
June 2016 - June 2021 · 5 yrs
LPL Financial LLC
November 2012 - June 2016 · 3 yrs 7 mos
LPL Financial LLCBroker
November 2012 - June 2016 · 3 yrs 7 mos
CUNA Brokerage Services, INC.
May 2010 - November 2012 · 2 yrs 6 mos
CUNA Brokerage Services, INC.Broker
May 2010 - November 2012 · 2 yrs 6 mos
Chase Investment Services CORP.Broker
October 2005 - May 2010 · 4 yrs 7 mos
Chase Investment Services CORP.
October 2005 - May 2010 · 4 yrs 7 mos
First Command Financial Planning, INC.
September 2005 - October 2005 · 1 mo
First Command Bank
April 2004 - September 2005 · 1 yr 5 mos
First Command Financial Planning, INC.
January 2004 - April 2004 · 3 mos
First Command Financial Planning, INC.Broker
December 1996 - October 2005 · 8 yrs 10 mos
State Registrations10 states
CODCFLILINNCOKPATNTX
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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Terence Powell - Financial Advisor | TrueAdvisor