EC
EC

Erik Cormier

19 Years of Experience
Farmington, CT
Broker

Erik Cormier is a registered investment advisor at Ameriprise Financial Services, LLC, based in Farmington, CT, with 19 years of industry experience. Erik 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

850 Farmington Ave, Farmington, CT, 06032

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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

Erik owns multiple real estate properties and is on the board of directors for Cormier. He also has outside employment with Hermitage Brewing Company and M&J Land & Equipment Leasing LP, dedicating about 10-20% of his time to Hermitage Brewing Company.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
October 2019 - Present · 6 yrs 9 mos
Ameriprise Financial Services, LLC
June 2018 - Present · 8 yrs 1 mo
Ameriprise Financial Services, LLCBroker
June 2018 - Present · 8 yrs 1 mo
Previous Registrations
Ameriprise Financial Services, INC.Broker
October 2015 - June 2016 · 8 mos
Inland Securities CorporationBroker
January 2010 - September 2015 · 5 yrs 8 mos
Inland Securities CorporationBroker
February 2008 - July 2009 · 1 yr 5 mos
Atel Securities CorporationBroker
July 2004 - November 2007 · 3 yrs 4 mos
American Express Financial Advisors, INC.
November 2003 - February 2004 · 3 mos
American Express Financial Advisors INC.Broker
November 2003 - February 2004 · 3 mos
Ids Life Insurance CompanyBroker
November 2003 - February 2004 · 3 mos
State Registrations18 states
AKAZCACOCTFLIAIDMAMNNCNYOHORSCTXWAWI
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.
Erik Cormier - Financial Advisor | TrueAdvisor