AM
CFP
AM
CFP

Andrea Murphy

24 Years of Experience
New Brighton, MN
Broker

Andrea Murphy is a CFP-designated registered investment advisor at Ameriprise Financial Services, LLC, based in New Brighton, MN, with 24 years of industry experience. Andrea 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

550 Main St, Ste 210, New Brighton, MN, 55112-3271

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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

Andrea is a limited partner in Granite Properties, LLP, a real estate business, since 2011. She spends minimal time on this non-investment related activity.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
November 2013 - Present · 12 yrs 8 mos
Ameriprise Financial Services, LLC
March 2001 - Present · 25 yrs 4 mos
Ameriprise Financial Services, LLCBroker
March 2001 - Present · 25 yrs 4 mos
Previous Registrations
Ameriprise Financial Services, INC.
October 2006 - December 2012 · 6 yrs 2 mos
Ids Life Insurance CompanyBroker
March 2001 - July 2006 · 5 yrs 4 mos
State Registrations18 states
AZCACOFLGAIAMAMNMONCOHORPASDTXVAWAWI
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.