LW
CFP
LW
CFP

Lloyd Woelfle

49 Years of Experience
Bloomington, MN
1 DisclosureBroker

Lloyd Woelfle is a CFP-designated registered investment advisor at Ameriprise Financial Services, LLC, based in Bloomington, MN, with 49 years of industry experience. Lloyd 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.

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
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Location

8500 Normandale Lake Blvd, Ste 1070, Bloomington, MN, 55437

Get directions

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
September 2008
Denied
Other Business Activities

Lloyd co-owns and manages an Ameriprise business, dedicating about 10-20% of his time. He also owns Woelfle-Notman, LLC, spending 60 hours per month, and co-owns RDLP Inc, but spends no time on it.

Employment History
Current Registrations
Ameriprise Financial Services, LLC
October 2006 - Present · 20 yrs
Ameriprise Financial Services, LLC
July 1988 - Present · 38 yrs 3 mos
Ameriprise Financial Services, LLCBroker
July 1988 - Present · 38 yrs 3 mos
Previous Registrations
Ids Life Insurance CompanyBroker
January 2001 - July 2006 · 5 yrs 6 mos
Ids Life Insurance CompanyBroker
October 1976 - October 1998 · 22 yrs
American Express Financial Advisors INC.Broker
October 1976 - June 1987 · 10 yrs 8 mos
Ids Financial Services INC.Broker
October 1976 - December 1986 · 10 yrs 2 mos
State Registrations20 states
AZCACODCFLIAILLAMAMIMNMTNDNJNVNYOHTXWAWI
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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