SP
SP

Steven Parolini

21 Years of Experience
Pittsburgh, PA
Broker

Steven Parolini is a registered investment advisor at Ameriprise Financial Services, LLC, based in Pittsburgh, PA, with 21 years of industry experience. Steven 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

5500 Corporate Dr, Ste 215, Pittsburgh, PA, 15237

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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

Steven is a board member for Parolini since 2021. This activity is not investment-related and takes minimal time.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
August 2012 - Present · 14 yrs 1 mo
Ameriprise Financial Services, LLCBroker
August 2012 - Present · 14 yrs 1 mo
Ameriprise Financial Services, LLC
August 2012 - Present · 14 yrs 1 mo
Previous Registrations
LPL Financial LLCBroker
October 2011 - June 2012 · 8 mos
LPL Financial LLC
October 2011 - November 2011 · 1 mo
Mdt Advisers, a Division of Federated Mdta LLC
January 2011 - September 2011 · 8 mos
Federated Securities CORP.
November 2009 - September 2011 · 1 yr 10 mos
Federated Investment Counseling
November 2005 - September 2011 · 5 yrs 10 mos
Federated Securities CORP.Broker
November 2005 - September 2011 · 5 yrs 10 mos
Morgan Stanley Dw INC.Broker
May 2004 - April 2005 · 11 mos
State Registrations8 states
CACOFLMAMIMTOHPA
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.