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Michael Phillips

Ameriprise Financial Services, LLC
23 Years of Experience
Charlotte, NC
1 DisclosureBroker
View SEC Summary
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Michael Phillips is a registered investment advisor at Ameriprise Financial Services, LLC, based in Charlotte, NC, with 23 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Business Owners, Charitable Giving, Corporate Executives, Education Planning, and 6 more. Their firm serves 1,386,329 clients with $660B in assets under management.

Ameriprise Financial Services, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
12955 advisors
Number of Clients
1,386,329 clients
Average Client Portfolio
$476K average
Assets Under Management
$660.5B

Fee Structure

Minimum Investment:$2K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.00%

The maximum total annual advisory fee is 2.0% of managed account assets. Fees are negotiable with your financial advisor and vary based on the specific program and services selected.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

4521 Sharon Rd Ste 300, Charlotte, NC, 28211

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History

Regulatory History (1)
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 2010
Denied
View Full SEC ReportHow to Read Disclosures
Employment History
Current Registrations
Ameriprise Financial Services, LLC
May 2011 - Present · 15 yrs 5 mos
Ameriprise Financial Services, LLCBroker
May 2011 - Present · 15 yrs 5 mos
Ameriprise Financial Services, LLC
May 2011 - Present · 15 yrs 5 mos
Previous Registrations
Edward Jones
February 2007 - May 2011 · 4 yrs 3 mos
Edward JonesBroker
June 2004 - May 2011 · 6 yrs 11 mos
Metropolitan Life Insurance CompanyBroker
June 2002 - July 2003 · 1 yr 1 mo
Metlife Securities INC.Broker
June 2002 - July 2003 · 1 yr 1 mo
State Registrations23 states
AKALARCACOCTFLGAIAILMAMIMNNCNYOHPASCTNTXUTVAWV
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.
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