Frances Schram
Frances Schram is a registered investment advisor at Ameriprise Financial Services, LLC, based in Renton, WA, with 12 years of industry experience. Frances 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
126 Wells Ave S, Renton, WA, 98057
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Frances owns multiple single-family real estate properties and is the President, CEO, and CFO of Schram & Associates, a tax preparation business, dedicating about a third of her time to it. She also has a self-directed IRA invested in Brass Monkey II LLC, which funds real estate development loans.
Employment History
Current Registrations
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLCBroker
State Registrations3 states
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