MA
CFP
MA
CFP

Michael Atherton

47 Years of Experience
Edina, MN
2 DisclosuresBroker

Michael Atherton is a CFP-designated registered investment advisor at Ameriprise Financial Services, LLC, based in Edina, MN, with 47 years of industry experience. Michael 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

7601 France Ave S, Ste 300, Edina, MN, 55435-5999

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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
May 2009
Denied
Customer Dispute
November 2008
Denied
Employment History
Current Registrations
Ameriprise Financial Services, LLC
October 2009 - Present · 17 yrs
Ameriprise Financial Services, LLC
October 2009 - Present · 17 yrs
Ameriprise Financial Services, LLCBroker
October 2009 - Present · 17 yrs
Previous Registrations
Ameriprise Advisor Services, INC.
February 2009 - October 2009 · 8 mos
Ameriprise Advisor Services, INC.Broker
November 2007 - October 2009 · 1 yr 11 mos
A. G. Edwards & Sons, INC.Broker
August 1980 - November 2007 · 27 yrs 3 mos
Parker-Marquardt Securities, INCBroker
August 1979 - August 1980 · 1 yr
State Registrations12 states
AZCACOHIMNNCNVNYOHORSCWI
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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