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Michael Tocco

18 Years of Experience
Troy, MI
1 DisclosureBroker

Michael Tocco is a registered investment advisor at Ameriprise Financial Services, LLC, based in Troy, MI, with 18 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

1441 W Long Lake Rd, Ste 250, Troy, MI, 48098-4436

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History

Regulatory History (1)
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Criminal
April 2025
Pending Charge
Employment History
Current Registrations
Ameriprise Financial Services, LLC
November 2023 - Present · 2 yrs 6 mos
Ameriprise Financial Services, LLCBroker
November 2023 - Present · 2 yrs 6 mos
Ameriprise Financial Services, LLC
November 2023 - Present · 2 yrs 6 mos
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
January 2023 - October 2023 · 9 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
January 2023 - October 2023 · 9 mos
Morgan StanleyBroker
May 2020 - January 2023 · 2 yrs 8 mos
Morgan Stanley
May 2020 - January 2023 · 2 yrs 8 mos
J.P. Morgan Securities LLC
May 2018 - March 2020 · 1 yr 10 mos
J.P. Morgan Securities LLCBroker
May 2018 - March 2020 · 1 yr 10 mos
Ameriprise Financial Services, INC.
June 2014 - May 2018 · 3 yrs 11 mos
Ameriprise Financial Services, INC.Broker
January 2010 - May 2018 · 8 yrs 4 mos
Pruco Securities, LLC.Broker
November 2006 - September 2009 · 2 yrs 10 mos
State Registrations4 states
ARMAMIUT
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 Tocco - Financial Advisor | TrueAdvisor