MP
CFP
MP
CFP

Mark Powers

45 Years of Experience
Evansville, IN
2 DisclosuresBroker

Mark Powers is a CFP-designated registered investment advisor at Ameriprise Financial Services, LLC, based in Evansville, IN, with 45 years of industry experience. Mark 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

7517 Eagle Crest Blvd, Evansville, IN, 47715

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History

Regulatory History (2)
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
July 2006
Denied
Customer Dispute
February 1991
Settled
Other Business Activities

Mark is involved in several outside business activities, including business ownership (both investment-related and not), serving on multiple boards of directors, and participating in the finance committee for a church. These activities take up varying amounts of Mark's time, from minimal to about 10-20% of his time.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
December 1998 - Present · 27 yrs 5 mos
Ameriprise Financial Services, LLC
December 1986 - Present · 39 yrs 5 mos
Ameriprise Financial Services, LLCBroker
December 1986 - Present · 39 yrs 5 mos
Previous Registrations
Ids Life Insurance CompanyBroker
September 1990 - July 2006 · 15 yrs 10 mos
Ids Financial Services INC.Broker
January 1985 - December 1986 · 1 yr 11 mos
Smith Barney, Harris Upham & CO., IncorporatedBroker
October 1983 - January 1985 · 1 yr 3 mos
Ids Life Insurance CompanyBroker
September 1980 - September 1983 · 3 yrs
Ids Marketing CorporationBroker
September 1980 - September 1983 · 3 yrs
Investors Diversified Services, INC.Broker
September 1980 - September 1983 · 3 yrs
State Registrations29 states
ALARAZCACOCTFLGAIAIDILINKYMAMDMIMOMTNCNVNYOHPASCTNTXVAWIWY
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.