Feltl Advisors, LLC is a multi-state adviser based in Minnetonka. It manages $59.95 million of regulatory assets for 306 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Arizona, California, and 15 other states.
Feltl Advisors provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and wrap accounts through non-affiliated providers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Feltl Advisors, LLC is $59.95 million. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Feltl Advisors, LLC for their services and products based on a percentage of assets under management 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.
The firm provides services to individuals and corporations or other businesses. The largest group of clients of Mary Joanne Feltl is individuals with 305 clients and $56.6 million of assets under management. Among the 8 most similar advisory firms, Feltl Advisors has the 2nd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $59.95 million for 306 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Feltl Advisors doesn't advise any private funds.
The company employs 32 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Mary Joanne Feltl has been acting as President since 1 Jan 2013. Dirk Garret Van Krevelen joined the executive team most recently as the Cco.
The principal office where Feltl Advisors, LLC performs its advisory services is located at 10900 Wayzata Boulevard, Minnetonka, MN 55305, which is also the mailing address of the firm. An additional office of the firm is in Wayzata, MN. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 612-492-8800 or by fax 612-492-8898. The normal business hours are 8am - 4:30pm on Monday - Friday. You can find more information about the New York firm at feltladvisors.com/.