Michael Ames
Michael Ames is a registered investment advisor at Stonex Advisors INC., based in Birmingham, AL, with 14 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Education Planning, Estate Planning, Insurance Planning, and 2 more. Their firm serves 9,843 clients with $5.1B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
StoneX Advisors' investment management fees are negotiated between you and your financial advisor, with a maximum of 2% of your portfolio's value annually (1.5% for annuity allocations). There's a minimum annual fee of $200, or $300 for Unified Managed Accounts. Fees are typically deducted from your account quarterly or monthly in advance, but can be arranged in arrears. If you end the agreement early, you'll receive a refund for any unearned fees.
Location
2 Perimeter Park South, Suite 500 West, Birmingham, AL, 35243
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Regulatory History
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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Michael is affiliated with Lake Norman Advisor LLC as a financial advisor and owns Ames Wealth Management, LLC for tax purposes. He also sells insurance products and fixed annuities through Synergy Insurance Group and is an approved partner for index annuities through Buckhead Brokerage Group.
Employment History
Current Registrations
Stonex Securities INC.Broker
Stonex Advisors INC.
Previous Registrations
Fifth Third Securities, INC.Broker
Fifth Third Securities, INC.
Suntrust Investment Services, INC.
Suntrust Investment Services, INC.Broker
Vanguard Marketing CorporationBroker
Fifth Third Securities, INC.Broker
State Registrations8 states
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.