MP
MP

Miles Prescott

13 Years of Experience
Hingham, MA
4 DisclosuresBroker

Miles Prescott is a registered investment advisor at Ameriprise Financial Services, LLC, based in Hingham, MA, with 13 years of industry experience. Miles 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

175 Derby St, Unit 1, Hingham, MA, 02043-4035

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History

Regulatory History (4)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Financial
April 2025
Final
Financial
November 2021
Final
Financial
October 2021
Final
Financial
June 2021
Final
Other Business Activities

Miles is a board member of the Pembroke Historic District Commission since 2018, dedicating minimal time. His duties include attending meetings and reviewing requests related to historic preservation.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
July 2025 - Present · 10 mos
Ameriprise Financial Services, LLCBroker
July 2025 - Present · 10 mos
Previous Registrations
Wells Fargo Advisors
August 2013 - July 2025 · 11 yrs 11 mos
Wells Fargo Clearing Services, LLCBroker
July 2013 - July 2025 · 12 yrs
Nylife Securities LLCBroker
November 2012 - April 2013 · 5 mos
State Registrations16 states
CACOCTDCFLMAMDMEMINHNJNYRIVAVTWA
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.
Miles Prescott - Financial Advisor | TrueAdvisor