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Narayan Athanikar

24 Years of Experience
Schaumburg, IL
Broker

Narayan Athanikar is a registered investment advisor at Ameriprise Financial Services, LLC, based in Schaumburg, IL, with 24 years of industry experience. Narayan 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

1375 E Woodfield Rd Ste 750, Schaumburg, IL, 60173

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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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Employment History
Current Registrations
Ameriprise Financial Services, LLC
June 2013 - Present · 12 yrs 11 mos
Ameriprise Financial Services, LLC
June 2013 - Present · 12 yrs 11 mos
Ameriprise Financial Services, LLCBroker
June 2013 - Present · 12 yrs 11 mos
Previous Registrations
Morgan Stanley
June 2009 - July 2013 · 4 yrs 1 mo
Morgan StanleyBroker
June 2009 - July 2013 · 4 yrs 1 mo
Morgan Stanley & CO. IncorporatedBroker
April 2007 - June 2009 · 2 yrs 2 mos
Morgan Stanley & CO. Incorporated
April 2007 - June 2009 · 2 yrs 2 mos
Morgan Stanley
May 2002 - April 2007 · 4 yrs 11 mos
Morgan Stanley Dw INC.Broker
August 2001 - April 2007 · 5 yrs 8 mos
American Express Financial Advisors INC.Broker
June 2001 - August 2001 · 2 mos
Ids Life Insurance CompanyBroker
June 2001 - August 2001 · 2 mos
State Registrations14 states
AZCAFLILINMDMONCNJOHORTXVAWI
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.
Narayan Athanikar - Financial Advisor | TrueAdvisor