RM
RM

Richard Mukomela

24 Years of Experience
Edina, MN
4 DisclosuresBroker

Richard Mukomela is a registered investment advisor at Ameriprise Financial Services, LLC, based in Edina, MN, with 24 years of industry experience. Richard 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

7212 Metro Blvd., Edina, MN, 55439

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History

Regulatory History (4)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
April 2021
Settled
Customer Dispute
November 2012
Denied
Customer Dispute
May 2011
Settled
Customer Dispute
April 2003
Denied
Employment History
Current Registrations
Ameriprise Financial Services, LLC
July 2023 - Present · 2 yrs 10 mos
Ameriprise Financial Services, LLC
July 2023 - Present · 2 yrs 10 mos
Ameriprise Financial Services, LLCBroker
July 2023 - Present · 2 yrs 10 mos
Previous Registrations
MML Investors Services, LLC
March 2017 - July 2023 · 6 yrs 4 mos
MML Investors Services, LLCBroker
March 2017 - July 2023 · 6 yrs 4 mos
Msi Financial Services, INC.
February 2014 - March 2017 · 3 yrs 1 mo
Msi Financial Services, INC.Broker
November 2010 - March 2017 · 6 yrs 4 mos
UBS Financial Services INC.Broker
October 2008 - October 2010 · 2 yrs
AXA Advisors, LLCBroker
June 2004 - October 2008 · 4 yrs 4 mos
Piper Jaffray & CO.
August 2001 - May 2004 · 2 yrs 9 mos
Piper Jaffray & CO.Broker
May 2001 - May 2004 · 3 yrs
State Registrations11 states
AZFLIAIDMNMONCNDOKSDWI
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.