SA
SA

Shannon Abel

18 Years of Experience
Houston, TX
Broker

Shannon Abel is a registered investment advisor at Ameriprise Financial Services, LLC, based in Houston, TX, with 18 years of industry experience. Shannon 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

11 Greenway Plz, Ste 3000, Houston, TX, 77046-1104

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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

Shannon is on the Board of Directors for Abel as Senior Boys Soccer Commissioner and Vice President - Standards, and is involved with Dress for Success Houston and the Alpha Delta Pi Sorority Investments Committee. These activities take a few hours per week.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
October 2019 - Present · 6 yrs 7 mos
Ameriprise Financial Services, LLC
October 2017 - Present · 8 yrs 7 mos
Ameriprise Financial Services, LLCBroker
October 2017 - Present · 8 yrs 7 mos
Previous Registrations
Fsc Securities CorporationBroker
April 2008 - January 2009 · 9 mos
Fsc Securities Corporation
April 2008 - January 2009 · 9 mos
Ameriprise Financial Services, INC.
May 1999 - April 2008 · 8 yrs 11 mos
Ameriprise Financial Services, INC.Broker
April 1999 - April 2008 · 9 yrs
Ids Life Insurance CompanyBroker
April 1999 - July 2006 · 7 yrs 3 mos
State Registrations1 state
TX
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.