Andrew Douthit
Andrew Douthit is a registered investment advisor at Ameriprise Financial Services, LLC, based in McKinney, TX, with 10 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
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
8751 Collin McKinney Pkwy, Ste 301, McKinney, TX, 75070
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Andrew owns Abundance Partners, LLC, which manages rental properties, and FDF, LLC, which sells a cash flow management system. He also owns Savvy F. Strategies, LLC, used for managing personal payments, and provides charitable financial wellness advice at his church, dedicating minimal time to each of these activities.
Employment History
Current Registrations
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLCBroker
State Registrations9 states
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