Derek Packett
Derek Packett is a registered investment advisor at Ameriprise Financial Services, LLC, based in Southbury, CT, with 24 years of industry experience. Derek 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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
900 Main St S, Ste 100, Southbury, CT, 06488
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Derek is an Alt Board Member for Packett since 2021, dedicating minimal time. He also volunteers for land monitoring at Flanders Nature Center & Land Trust since 2016, also dedicating minimal time.
Employment History
Current Registrations
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLCBroker
Previous Registrations
Kestra Advisory Services, LLC
NFP Advisor Services, LLC
Kestra Investment Services, LLCBroker
Park Avenue Securities LLC
Park Avenue Securities LLCBroker
Guardian Investor Services LLCBroker
Banc of America Capital Management, LLC
Columbia Funds Distributor, INC.Broker
New England SecuritiesBroker
State Registrations20 states
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.