Business Description

We are a St. Paul based, private wealth management firm serving a core group of qualified clients. We help to provide a solid financial solution to problems faced by clients with a high income or net worth. We are also an independent firm with no ties to large fund or insurance companies. Established as a small, personal alternative to large and impersonal brokerage firms we believe you should be the focus of our firm, not just a number in a vast sea of clients. Though we are a rather new firm we were established by professionals who saw a need for a different type of financial planning firm and all of our financial planners were successful planners prior to joining the firm. The majority of our business is fee based planning and fee based asset management. We have two classes of clients that we accept. Clients with assets under $500,000 are our standard clients while those with over $500,000 are accepted into our Private Wealth Group. We also provide benefits plans for small to medium sized businesses.

General Information

Gender:

Male

CRD#:

4982211

Firm CRD#:

113055

SEC File#:

801-66272

States Licensed in:

MN - WI - IA

Years of Experience in Financial Services:

Number of Years with Current Firm:

Work Experience:

As a previous planner and consultant for a fortune 100 firm, I have worked with a wide variety of clients from the most basic of plans to complicateed multimillion dollar cases.

I work with the following types of clients:

Investment Clubs, Businesses, Individual Investors, Non-Profit Organizations

Services

Investment Types:

Annuities, Insurance, Mutual Funds, Alternative Investments, Exchange Traded Funds (ETFs), Socially Responsible Investments (SRI)

Qualifications & Memberships

Certifications, Accreditations & Designations:

Registered Investment Advisor (RIA) (State or SEC) or RIA representative

Securities Licenses:

Series 63, Series 6, Series 65, Life & Health

Insurance and Annuity Licenses:

Variable Life, Variable Annuity, Annuity, Life

Non-Financial Organization Memberships:

VFW

Service Disabled Veteran Owned Small Business Member

Firm Information

Number of Advisors in Office:

Up to 10 employees

I work with clients as part of a team:

Yes

Compliance

Registered Investment Advisor:

Yes

Registered Representative:

Yes

Investment Advisor Representative:

Yes

I am an acknowledged fiduciary:

Yes

Compliance Disclosures in Last 5 years:

I have a clean record

Criminal Disclosures in Last 5 years:

I have a clean record

Compensation & Fees

I am a fee-only financial professional:

Yes

I am a fee-based financial professional:

Yes

Minimum Portfolio Size for New Managed Accounts:

$50,000

Compensation Methods:

Based on Assets, Hourly, Flat Fee

Fee % Based on Assets:

2%- 1.5%

Hourly Rate:

$100

Flat Fee Rate:

Varies

Additional Details on Charges:

Fees are charged as a percentage of assets managed and decrease as the size of the asset increases. We will negotiate lower fees on larger asset clients.

Prepared By:

Clinton J. Gerner

Most Recent Update:

06/24/2008