MV
MV

Michael Vought

2 Years of Experience
Fort Dodge, IA
Broker

Michael Vought is a registered investment advisor at Ameriprise Financial Services, LLC, based in Fort Dodge, IA, with 2 years of industry experience. Michael 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

1400 Central Ave, Fort Dodge, IA, 50501

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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

Michael is the treasurer for Vought since November 2023, dedicating minimal time. He also has outside employment with FISH2o since November 2023, spending about 37% of his time, including 60 hours during trading hours.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
November 2023 - Present · 2 yrs 8 mos
Ameriprise Financial Services, LLC
August 2023 - Present · 2 yrs 11 mos
Ameriprise Financial Services, LLCBroker
August 2023 - Present · 2 yrs 11 mos
State Registrations7 states
CACOIAMNMONETX
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.
Michael Vought - Financial Advisor | TrueAdvisor