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Mike Persia

Ameriprise Financial Services, LLC
46 Years of Experience
Houston, TX
1 DisclosureBroker
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Mike Persia is a registered investment advisor at Ameriprise Financial Services, LLC, based in Houston, TX, with 46 years of industry experience. Mike is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Business Owners, Charitable Giving, Corporate Executives, Education Planning, and 6 more. Their firm serves 1,386,329 clients with $660B in assets under management.

Ameriprise Financial Services, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
12955 advisors
Number of Clients
1,386,329 clients
Average Client Portfolio
$476K average
Assets Under Management
$660.5B

Fee Structure

Minimum Investment:$2K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.00%

The maximum total annual advisory fee is 2.0% of managed account assets. Fees are negotiable with your financial advisor and vary based on the specific program and services selected.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

2727 Allen Pkwy., Ste. 1500, Houston, TX, 77019-2127

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History

Regulatory History (1)
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.
Customer Dispute
October 1999
Denied
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Mike co-owns Q5 Operations LLC and CALVARYLOT2, LLC (real estate), and owns MP3 Operations LLC. He also owns Q5 Wealth Management, dedicating about a third of his time to it during trading hours.

Employment History
Current Registrations
Ameriprise Financial Services, LLCBroker
August 2024 - Present · 2 yrs 2 mos
Ameriprise Financial Services, LLC
August 2024 - Present · 2 yrs 2 mos
Ameriprise Financial Services, LLC
August 2024 - Present · 2 yrs 2 mos
Previous Registrations
UBS Financial Services INC.
January 2012 - August 2024 · 12 yrs 7 mos
UBS Financial Services INC.Broker
January 2012 - August 2024 · 12 yrs 7 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
September 1994 - January 2012 · 17 yrs 4 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
September 1994 - January 2012 · 17 yrs 4 mos
Painewebber IncorporatedBroker
January 1991 - October 1994 · 3 yrs 9 mos
Rotan Mosle INC.Broker
January 1984 - January 1991 · 7 yrs
Rotan Mosle INC.Broker
July 1980 - January 1991 · 10 yrs 6 mos
State Registrations16 states
AZCODCFLIAINLAMIMSNCNYOHTXVAWAWV
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.
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