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Michael Netznik

23 Years of Experience
Allentown, PA
Broker

Michael Netznik is a registered investment advisor at Ameriprise Financial Services, LLC, based in Allentown, PA, with 23 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

1045 S Cedar Crest Blvd, Allentown, PA, 18103-5443

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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

Michael is on the Board of Directors for Netznik and a Chapter Advisor at Albright College since 2011. He is also the President of an Association and Little League Baseball since 2012, and President of another organization since 2024, dedicating a few hours per week to each.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
November 2003 - Present · 22 yrs 10 mos
Ameriprise Financial Services, LLC
November 2003 - Present · 22 yrs 10 mos
Ameriprise Financial Services, LLCBroker
November 2003 - Present · 22 yrs 10 mos
Previous Registrations
Ids Life Insurance CompanyBroker
November 2003 - July 2006 · 2 yrs 8 mos
American Express Financial Advisors INC.Broker
February 2002 - March 2003 · 1 yr 1 mo
Ids Life Insurance CompanyBroker
February 2002 - March 2003 · 1 yr 1 mo
State Registrations36 states
AKALARAZCACOCTDEFLGAHIIAILINKSKYLAMAMDMENCNHNJNVNYOHOKORPARISCTNTXUTVAWI
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 Netznik - Financial Advisor | TrueAdvisor