Melanie Bhandari
Melanie Bhandari is a registered investment advisor at Ameriprise Financial Services, LLC, based in New York, NY, with 21 years of industry experience. Melanie 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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
515 Madison Avenue, 8th Floor, New York, NY, 10022-5596
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Melanie owns real estate, including a single-family home since 2015. She is also a board member for Bhandari and the owner of Sapphire Management LLC, dedicating minimal time to these activities.
Employment History
Current Registrations
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLCBroker
Previous Registrations
Ids Life Insurance CompanyBroker
State Registrations11 states
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