Francis J. Velten
Professional summary
Francis Joseph Velten JR. was barred by the FINRA from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.
Francis is a previously registered financial professional and started their career in finance in 1993. Prior to being barred, Francis had worked at 6 firms, which includes AMERIPRISE FINANCIAL SERVICES LLC, INDEPENDENT FINANCIAL GROUP LLC, SUMMIT FINANCIAL GROUP INC, SUMMIT BROKERAGE SERVICES INC., GUNNALLEN FINANCIAL INC, A. G. EDWARDS & SONS INC..
Question & Answer
Aliases
Other business activities
CRS (Client Relationship Summary)
The CRS(Customer Relationship Summary) document is not provided.
Certified licenses
Experience
January 27, 2020 - April 28, 2020
AMERIPRISE FINANCIAL SERVICES, LLC
January 27, 2020 - April 28, 2020
AMERIPRISE FINANCIAL SERVICES, LLC
July 30, 2018 - January 27, 2020
INDEPENDENT FINANCIAL GROUP, LLC
July 27, 2018 - January 27, 2020
INDEPENDENT FINANCIAL GROUP, LLC
September 13, 2012 - August 7, 2018
SUMMIT FINANCIAL GROUP INC
August 21, 2006 - May 31, 2012
SUMMIT FINANCIAL GROUP INC
August 18, 2006 - August 7, 2018
SUMMIT BROKERAGE SERVICES, INC.
April 24, 2002 - September 13, 2006
GUNNALLEN FINANCIAL, INC
January 23, 1993 - May 8, 2002
A. G. EDWARDS & SONS, INC.
Primary Firm SEC Registration
AMERIPRISE FINANCIAL SERVICES, LLC
CRD#: 6363 / SEC#: 801-28543, 8-16791
State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
Visual representation of state registrations
Exams
Series 8
Date: 12/9/1997
General Securities Sales Supervisor Examination (Options Module & General Module)Current Firm
AMERIPRISE FINANCIAL SERVICES, LLC
CRD#: 6363 / SEC#: 801-28543, 8-16791
Contact information
SEC notice filing (51 States and Territories)
FINRA licenses (53 States and Territories)
Documents
Part 2 Brochures
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| AMPF HOLDING, LLC | SHAREHOLDER | |
| DOREN, MITCHELL DAVID | REGION VICE PRESIDENT (TEXAS DESIGNATED OFFICER) | 2129844 |
| FLEMING, JOSEPH DANIEL | SENIOR VICE PRESIDENT AND CHIEF COMPLIANCE OFFICER | 2093776 |
| MATTOX, MICHAEL SCOTT | VICE PRESIDENT - CONTROLLER, INTERIM CHIEF FINANCIAL OFFICER AND PRINCIPAL FINANCIAL OFFICER | 4383501 |
| O'CONNELL, PATRICK HUGH | DIRECTOR, EXECUTIVE VICE PRESIDENT-FIELD MANAGEMENT | 2246285 |
| SENNE, ANN MARIE | EXECUTIVE VICE PRESIDENT - WEALTH MANAGEMENT SOLUTIONS | 2515669 |
| SWEENEY, JOSEPH EDWARD | PRESIDENT, CHAIRMAN AND CHIEF EXECUTIVE OFFICER | 4668713 |
| WILLIAMS, WILLIAM JERRYL | EXECUTIVE VICE PRESIDENT- AMERIPRISE FINANCIAL GROUP & AMERIPRISE ADVISOR CENTER | 1954117 |
Regulatory assets under management
| Total Number of Accounts | 2,281,153 |
| AUM (Assets Under Management) | $ 564,622,896,919 |
Disclosures
| Regulatory Event | 79 |
| Civil Event | 1 |
| Arbitration | 103 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 08/19/2025 | ||
| 09/23/2024 | ||
| 10/24/2023 | ||
| 12/16/2022 |
Red Flags
Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.
Check for any disclosures as part of your thorough research when choosing an advisor.
