Avantax Planning Partners, Inc
Answer a few questions and
get matched with an advisor.
Learn more about Avantax Planning Partners, Inc
Overview
Avantax Planning Partners, Inc operates as a financial advisory company headquartered in Dubuque, Iowa. The firm has $5.5 billion in assets under management throughout 11,570 customer accounts, making it one of the largest investment advisory firms in the nation by assets under management (AUM). It has a large team, including 239 financial advisors. Avantax Planning Partners, Inc is not a registered broker-dealer, meaning the firm is not able to buy and sell securities for its own accounts as well as its clients' and instead is required to go through a broker-dealer firm to do so. Securities are defined as tradable financial investments like options, equities and bonds.
Avantax Planning Partners, Inc administers 11,562 of the company's accounts on a discretionary basis. Discretionary management signifies that buy and sell choices for the client's account are made by a portfolio manager without needing to seek the client's permission. The company also manages eight non-discretionary accounts with a total of $11.2 million in assets. The firm's typical account size is $471,607. An average financial advisor at Avantax Planning Partners, Inc oversees around 48 client accounts, placing it towards the middle in terms of personalization.
Avantax Planning Partners, Inc's headquarters is at 3390 Asbury Road, Dubuque, Iowa 52002-2801. The company is permitted to serve investors across 51 U.S. states and territories.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Avantax Planning Partners, Inc by the Numbers
$5.5 billion
239
11,570
$471.6 thousand
Products and Services
Avantax Planning Partners, Inc provides a variety of services, including financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, pension consulting services and selection of other advisers. In the prior fiscal year, the company provided 1000 of its clients with financial planning services. Avantax Planning Partners, Inc is engaged in selling products or offering services different than investment advisory services to its customers. The firm also has a number of financial industry affiliations, including with a broker-dealer or securities dealer, accountant or accounting firm, lawyer or law firm, insurance company or agency and pension consultant.
Core Advisor Services
-
Offered by 31% of firms
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
-
Offered by 46% of firms
Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
-
Find a firm that offers this service
Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
-
Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
-
Find a firm that offers this service
Publication of Periodicals
This is the publication of various financial education materials.
-
Find a firm that offers this service
Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Fees for financial advice typically vary depending on which services the firm provides the client. However, fees charged by the company likely are comprised of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not provided by the firm.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 21% of firms
Hourly
-
Offered by 32% of firms
Fixed
Unavailable
Types of Clients
The company does business with a broad range of customers. Avantax Planning Partners, Inc works with retail investors, high net worth investors, pension plans, charitable organizations and corporations. Out of its 11,570 clients, Avantax Planning Partners, Inc's biggest client group by number of accounts is retail investors, though it also caters to 828 high-net-worth individuals. The SEC defines a high-net-worth individual as an investor who has at least $750,000 in AUM or a net worth of at least $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of its customers are represented by non-U.S. persons.
- High-Net-Worth Individuals* - 11.27%
- Other Individuals - 79.8%
- Corporations - 7.27%
- Charitable Organizations - 1.67%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Avantax Planning Partners, Inc does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
Financial Advisors at Avantax Planning Partners, Inc
Mount Vernon, IN
Dubuque, IA
Dubuque, IA
Dubuque, IA
Bismarck, ND
Madison, WI
Indianapolis, IN
Dubuque, IA
Lake Mary, FL
Not sure which advisor is right for you? Use our matching tool
Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.