PR
PR

Paul Reichwald

21 Years of Experience
Hastings, MN
Broker

Paul Reichwald is a registered investment advisor at Ameriprise Financial Services, LLC, based in Hastings, MN, with 21 years of industry experience. Paul 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

1640 S Frontage Rd Ste 200, Hastings, MN, 55033-2682

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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

Paul owns PRJR LLC, created for tax filings and payroll for a single employee. He spends a few hours per week on this activity.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
January 2024 - Present · 2 yrs 4 mos
Ameriprise Financial Services, LLC
January 2024 - Present · 2 yrs 4 mos
Ameriprise Financial Services, LLCBroker
January 2024 - Present · 2 yrs 4 mos
Previous Registrations
Thrivent Investment Management INC.
December 2013 - January 2024 · 10 yrs 1 mo
Thrivent Investment Management INC.
May 2006 - December 2007 · 1 yr 7 mos
Thrivent Investment Management INC.Broker
July 2004 - January 2024 · 19 yrs 6 mos
State Registrations18 states
AZCOCTFLIAINMAMNNDNHNMNYSCSDTXWAWIWY
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.