MZ
MZ

Michael Zanders

53 Years of Experience
Leawood, KS
7 DisclosuresBroker

Michael Zanders is a registered investment advisor at Ameriprise Financial Services, LLC, based in Leawood, KS, with 53 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.

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Location

4200 W 115th St Ste 200, Leawood, KS, 66211-2729

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History

Regulatory History (7)
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
August 2023
Settled
Customer Dispute
July 2023
Denied
Customer Dispute
February 2005
Settled
Regulatory
January 2004
Final
Customer Dispute
November 2002
Settled
Customer Dispute
December 2001
Settled
Customer Dispute
August 1993
Settled
Other Business Activities

Michael is a general board member for Zanders and the chairman of the endowment committee for Temple Congregation B'nai Jehudah. These activities require minimal time and are either not investment-related or investment-related.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
October 2013 - Present · 12 yrs 7 mos
Ameriprise Financial Services, LLCBroker
October 2013 - Present · 12 yrs 7 mos
Previous Registrations
NFP Securities, INC.
January 2002 - October 2013 · 11 yrs 9 mos
Fbd Investment Services, INC.Broker
April 2001 - October 2001 · 6 mos
NFP Securities, INC.Broker
April 2001 - October 2013 · 12 yrs 6 mos
Fbd Investment Services, INC.Broker
April 1994 - April 2001 · 7 yrs
First Colonial Securities Group, INC.Broker
April 1993 - April 1994 · 1 yr
Prudential Securities IncorporatedBroker
September 1989 - May 1993 · 3 yrs 8 mos
Thomson Mckinnon Securities INC.Broker
September 1980 - September 1989 · 9 yrs
A. G. Edwards & Sons, INC.Broker
February 1973 - October 1980 · 7 yrs 8 mos
State Registrations24 states
ARAZCACOCTDCFLILINKSLAMAMIMONJNYOHOKORPASCTXWAWI
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.
Michael Zanders - Financial Advisor | TrueAdvisor