AG
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Alex Grausnick

13 Years of Experience
Edina, MN
1 DisclosureBroker

Alex Grausnick is a registered investment advisor at Ameriprise Financial Services, LLC, based in Edina, MN, with 13 years of industry experience. Alex 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

7601 France Ave S, Ste 600, Edina, MN, 55435-5971

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History

Regulatory History (1)
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Regulatory
August 2019
Final
Other Business Activities

Alex is employed by May, Inc. since January 2021. This activity takes minimal time.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
April 2021 - Present · 5 yrs 3 mos
Ameriprise Financial Services, LLCBroker
January 2021 - Present · 5 yrs 6 mos
Ameriprise Financial Services, LLC
January 2021 - Present · 5 yrs 6 mos
Previous Registrations
Thrivent Investment Management INC.Broker
October 2013 - November 2020 · 7 yrs 1 mo
Thrivent Investment Management INC.Broker
August 2012 - September 2013 · 1 yr 1 mo
State Registrations1 state
MN
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.