AA
AA

Andrew Anderson

12 Years of Experience
Bingham Farms, MI
Broker

Andrew Anderson is a registered investment advisor at Ameriprise Financial Services, LLC, based in Bingham Farms, MI, with 12 years of industry experience. Andrew 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

31700 Telegraph Rd Ste 220, Bingham Farms, MI, 48025

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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

Andrew is involved with Kapur Enterprises LLC since 2021. This activity is not investment-related and takes about a quarter of his time.

Employment History
Current Registrations
Ameriprise Financial Services, LLCBroker
May 2021 - Present · 5 yrs
Ameriprise Financial Services, LLC
May 2021 - Present · 5 yrs
Ameriprise Financial Services, LLC
May 2021 - Present · 5 yrs
Previous Registrations
Hantz Financial Services, INC.
May 2015 - May 2021 · 6 yrs
Hantz Financial Services, INC.Broker
December 2013 - May 2021 · 7 yrs 5 mos
State Registrations12 states
AZCACTFLILMINCNVOHTXVAWI
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.
Andrew Anderson - Financial Advisor | TrueAdvisor