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Michael Lanuto

10 Years of Experience
Albany, NY
Broker

Michael Lanuto is a registered investment advisor at Ameriprise Financial Services, LLC, based in Albany, NY, with 10 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

4 Atrium Dr, Ste 200, Albany, NY, 12205

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

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Other Business Activities

Michael oversees operations for Lanuto Enterprises, LLC, is an advisory board member for Lanuto, and is Vice President of Operations for Royal Oak Rd. He also works as an actor, serves on the Catskill Career and Technical Education Advisory Board, and is a Greene County Legislator.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
February 2021 - Present · 5 yrs 3 mos
Ameriprise Financial Services, LLC
October 2018 - Present · 7 yrs 7 mos
Ameriprise Financial Services, LLCBroker
October 2018 - Present · 7 yrs 7 mos
Previous Registrations
PFS Investments INC.Broker
October 2015 - September 2018 · 2 yrs 11 mos
First Investors CorporationBroker
March 2001 - May 2001 · 2 mos
State Registrations12 states
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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.