Enspyre Wealth Advisors, Inc. is a large advisory firm based in Woodbury. It manages $102.21 million of regulatory assets for 226 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of Minnesota.
Enspyre Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, and financial/qualified plans/retirement planning seminars. 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 Enspyre Wealth Advisors, Inc. is $102.21 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Enspyre Wealth Advisors, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Enspyre Wealth Advisors is high net worth individuals with 44 clients and $80 million of assets under management. Among the 6 most similar advisory firms, Enspyre Wealth Advisors has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $102.21 million for 89 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.
Enspyre Wealth Advisors doesn't advise any private funds.
The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.
The principal office where Enspyre Wealth Advisors, Inc. performs its advisory services is located at 724 Bielenberg Dr., Woodbury, MN 55125, 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 651-470-1507 or by fax 651-413-3000. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday.