Mcnellis & Bjork Ltd (Bloomington)


Mcnellis & Bjork Ltd is a large advisory firm based in Bloomington. It manages $300.2 million of regulatory assets for 658 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida and Minnesota.

Mcnellis & Bjork provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mcnellis & Bjork: assets under management

The assets under management (AUM) of Mcnellis & Bjork Ltd is $300.2 million. The firm's AUM has grown by 175% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mcnellis & Bjork Ltd for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Mcnellis & Bjork Ltd

Thomas Edward Mcnellis has been acting as President since 1 Feb 1996. Satoru Orlandella Asato joined the executive team most recently as the Vice President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Thomas Edward Mcnellis President 1 Feb 1996 50% - 75% 330185
Robert Alan Bjork Executive vice president 1 Feb 1996 50% - 75% 1007189
Satoru Orlandella Asato Vice president 1 Jan 2004 Other 1420425

Based in Bloomington

The principal office where Mcnellis & Bjork Ltd performs its advisory services is located at 8500 Normandale Lake Boulevard, Bloomington, MN 55437 1085, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 952-548-3123 or by fax 952-921-8667. The normal business hours are 8:00 a.m to 5:00 p.m. on Monday - Friday.