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Erik Gorsuch

14 Years of Experience
Minnetonka, MN
Broker

Erik Gorsuch is a registered investment advisor at Ameriprise Financial Services, LLC, based in Minnetonka, MN, with 14 years of industry experience. Erik 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

701 Carlson Pkwy Ste 1040, Minnetonka, MN, 55305

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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

Erik is an associate board member for Gorsuch, dedicating minimal time. He also provides client service and administrative support for Paragon Operations, LLC, taking about a quarter of his time, all during trading hours.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
February 2017 - Present · 9 yrs 3 mos
Ameriprise Financial Services, LLC
February 2017 - Present · 9 yrs 3 mos
Ameriprise Financial Services, LLCBroker
February 2017 - Present · 9 yrs 3 mos
Previous Registrations
LPL Financial LLC
June 2014 - February 2017 · 2 yrs 8 mos
LPL Financial LLCBroker
June 2014 - February 2017 · 2 yrs 8 mos
Ameriprise Financial Services, INC.
June 2011 - July 2014 · 3 yrs 1 mo
Ameriprise Financial Services, INC.Broker
May 2011 - July 2014 · 3 yrs 2 mos
State Registrations19 states
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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.