DC
DC

Douglas Cerrato

19 Years of Experience
Huntington, NY
1 DisclosureBrokerSells Insurance

Douglas Cerrato is a registered investment advisor at Ameriprise Financial Services, LLC, based in Huntington, NY, with 19 years of industry experience. Douglas 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

7 E Carver St, Huntington, NY, 11743

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History

Regulatory History (1)
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Financial
September 2019
Final
Other Business ActivitiesSells Insurance

Douglas is an independent insurance broker with United Health Care/Oxford since 2019. He also has business ownership in another entity since 2020, dedicating minimal time to these activities.

Employment History
Current Registrations
Ameriprise Financial Services, LLCBroker
May 2020 - Present · 6 yrs 2 mos
Ameriprise Financial Services, LLC
May 2020 - Present · 6 yrs 2 mos
Previous Registrations
AXA Advisors, LLC
February 2019 - May 2020 · 1 yr 3 mos
AXA Advisors, LLCBroker
February 2019 - May 2020 · 1 yr 3 mos
J.P. Morgan Securities LLC
October 2014 - November 2018 · 4 yrs 1 mo
J.P. Morgan Securities LLCBroker
October 2014 - November 2018 · 4 yrs 1 mo
Capital One Financial Advisors LLC
October 2013 - November 2014 · 1 yr 1 mo
Capital One Investment Services LLCBroker
October 2013 - November 2014 · 1 yr 1 mo
J.P. Morgan Securities LLCBroker
October 2012 - October 2013 · 1 yr
J.P. Morgan Securities LLC
October 2012 - October 2013 · 1 yr
Chase Investment Services CORP.
March 2011 - October 2012 · 1 yr 7 mos
Chase Investment Services CORP.
August 2008 - March 2011 · 2 yrs 7 mos
Chase Investment Services CORP.Broker
October 2007 - October 2012 · 5 yrs
Westrock Advisors, INC.Broker
June 2007 - September 2007 · 3 mos
J.P. Turner & Company, L.L.C.Broker
January 2006 - April 2006 · 3 mos
Milestone Financial Services, INC.Broker
April 2005 - August 2005 · 4 mos
Milestone Financial Services, INC.Broker
October 2004 - April 2005 · 6 mos
State Registrations27 states
ALAZCACOCTDEFLGAILKSMAMDMEMIMNNCNJNVNYOHPARISCTNTXVAWA
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.