MJ
CFP
MJ
CFP

Michael Johnson

24 Years of Experience
Austin, TX
Broker

Michael Johnson is a CFP-designated registered investment advisor at Ameriprise Financial Services, LLC, based in Austin, TX, with 24 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.

Loading...

Location

111 Congress Ave Ste 500, Austin, TX, 78701

Get directions

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.

Learn about disclosures →
Other Business Activities

Michael owns multiple real estate properties, including multi-family and single-family homes, since 2014. He also serves as a board member for Johnson, dedicating minimal time to this role.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
April 2002 - Present · 24 yrs 1 mo
Ameriprise Financial Services, LLCBroker
March 2002 - Present · 24 yrs 2 mos
Ameriprise Financial Services, LLC
March 2002 - Present · 24 yrs 2 mos
Previous Registrations
Ids Life Insurance CompanyBroker
March 2002 - July 2006 · 4 yrs 4 mos
State Registrations23 states
AZCACOFLGAIDINKSLAMDMEMNNCNJNMNVTNTXUTVAVirgin IslandsWAWY
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.