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MD
CFA · CFP
MD
CFA · CFP

Matthew Dornik

Ameriprise Financial Services, LLC
23 Years of Experience
Excelsior, MN
Broker
View SEC Summary
View SEC Summary

Matthew Dornik is a CFA, CFP-designated registered investment advisor at Ameriprise Financial Services, LLC, based in Excelsior, MN, with 23 years of industry experience. Matthew 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
12908 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

378 Oak St Ste 200, Excelsior, MN, 55331-3090

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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

Matthew owns and operates a multi-tenant building and manages WDA, Inc., an Ameriprise business. He also uses MS Holdings to pay rent and utilities for the Ameriprise office suite; these activities each take a few hours per week, while managing WDA, Inc. takes about a third of his time.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
November 2013 - Present · 12 yrs 11 mos
Ameriprise Financial Services, LLCBroker
July 2003 - Present · 23 yrs 3 mos
Ameriprise Financial Services, LLC
July 2003 - Present · 23 yrs 3 mos
Previous Registrations
Ids Life Insurance CompanyBroker
July 2003 - July 2006 · 3 yrs
State Registrations35 states
AZCACOCTDCFLGAIAIDILINKSLAMAMDMEMIMNMOMTNCNDNENHNVNYOHOKORSCSDTXWAWIWY
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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