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Darren Summers

18 Years of Experience
Clayton, MO
1 DisclosureBrokerSells Insurance

Darren Summers is a registered investment advisor at Ameriprise Financial Services, LLC, based in Clayton, MO, with 18 years of industry experience. Darren 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.

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
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Location

7733 Forsyth Blvd Ste 950, Clayton, MO, 63105

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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 2018
Settled
Other Business ActivitiesSells Insurance

Darren is an independent insurance broker and principal since 2022, focusing on fixed annuities. This activity is investment-related.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
May 2022 - Present · 4 yrs 5 mos
Ameriprise Financial Services, LLC
May 2022 - Present · 4 yrs 5 mos
Ameriprise Financial Services, LLCBroker
May 2022 - Present · 4 yrs 5 mos
Previous Registrations
Principal Securities, INC.
November 2014 - June 2022 · 7 yrs 7 mos
Principal Securities, INC.Broker
November 2014 - June 2022 · 7 yrs 7 mos
AXA Advisors, LLC
December 2008 - November 2014 · 5 yrs 11 mos
AXA Advisors, LLCBroker
December 2008 - November 2014 · 5 yrs 11 mos
Edward JonesBroker
July 2003 - September 2003 · 2 mos
Northwestern Mutual Investment Services, LLCBroker
February 2003 - August 2003 · 6 mos
Andrew Garrett INC.Broker
August 2002 - January 2003 · 5 mos
State Registrations12 states
AZCACOFLIAILKSMDMEMONJTX
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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