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Michael Marston

50 Years of Experience
Wayzata, MN
Broker

Michael Marston is a registered investment advisor at Ameriprise Financial Services, LLC, based in Wayzata, MN, with 50 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

701 Lake St E Ste 290, Wayzata, MN, 55391

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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 owns a single-family real estate property in Miramar Beach, FL, since 2020. This activity is investment-related.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
March 2023 - Present · 3 yrs 2 mos
Ameriprise Financial Services, LLC
March 2023 - Present · 3 yrs 2 mos
Ameriprise Financial Services, LLCBroker
March 2023 - Present · 3 yrs 2 mos
Previous Registrations
Stifel, Nicolaus & Company, Incorporated
January 2014 - March 2023 · 9 yrs 2 mos
Stifel, Nicolaus & Company, IncorporatedBroker
December 2006 - March 2023 · 16 yrs 3 mos
Miller Johnson Steichen Kinnard, INC.Broker
January 2001 - December 2006 · 5 yrs 11 mos
Miller, Johnson & Kuehn, IncorporatedBroker
July 1992 - January 2001 · 8 yrs 6 mos
Everen Securities, INC.Broker
September 1990 - July 1992 · 1 yr 10 mos
Blunt Ellis & Loewi IncorporatedBroker
April 1988 - September 1990 · 2 yrs 5 mos
Tucker, Anthony & R. L. Day, INC.Broker
December 1986 - April 1988 · 1 yr 4 mos
Dain, Bosworth IncorporatedBroker
March 1982 - January 1987 · 4 yrs 10 mos
Integrated Resources Equity CorporationBroker
November 1978 - March 1982 · 3 yrs 4 mos
The Minnesota Mutual Life Insurance CompanyBroker
February 1976 - January 1987 · 10 yrs 11 mos
North Star Equities CompanyBroker
February 1976 - November 1977 · 1 yr 9 mos
State Registrations12 states
FLIDMIMNNCNDNHSCSDTXWAWI
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 Marston - Financial Advisor | TrueAdvisor