MS
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Michael Sturgis

25 Years of Experience
Edina, MN
2 DisclosuresBroker

Michael Sturgis is a registered investment advisor at Ameriprise Financial Services, LLC, based in Edina, MN, with 25 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

7601 France Ave S, Ste 600, Edina, MN, 55435-5968

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History

Regulatory History (2)
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Customer Dispute
February 2015
Denied
Customer Dispute
August 2011
Denied
Employment History
Current Registrations
Ameriprise Financial Services, LLC
October 2006 - Present · 19 yrs 7 mos
Ameriprise Financial Services, LLC
January 2006 - Present · 20 yrs 4 mos
Ameriprise Financial Services, LLCBroker
January 2006 - Present · 20 yrs 4 mos
Previous Registrations
Tcf Investments, INC.Broker
December 2000 - January 2006 · 5 yrs 1 mo
State Registrations36 states
ALAZCACOCTDCDEFLGAIAILINKYMAMDMEMIMNMONCNHNJNYOHPARISCSDTNTXUTVAVTWAWIWV
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.
Michael Sturgis - Financial Advisor | TrueAdvisor