Michael Desalvo
Michael Desalvo is a registered investment advisor at Ameriprise Financial Services, LLC, based in Lindenhurst, NY, with 8 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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
Lindenhurst, NY
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Michael owns a business at 29 Linden St in Lindenhurst, NY since 2019, dedicating about 10-20% of his time. He also works for Resource Management Partners since June 2024, spending 60 hours per month, including during trading hours.
Employment History
Current Registrations
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLCBroker
Previous Registrations
MML Investors Services, LLCBroker
Ameriprise Financial Services, INC.Broker
J.P. Morgan Securities LLCBroker
Chase Investment Services CORP.Broker
State Registrations1 state
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