Ctb Financial Services, LTD

CRD#141278
Investment Advisor Firm

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Learn more about Ctb Financial Services, LTD

  • Overview
  • By the Numbers
  • Products and Services
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations

    • Overview

    Ctb Financial Services, LTD is a financial advisor company headquartered in Minneapolis, Minnesota. The firm has $218.3 million in total assets across 1,033 client accounts, placing it in the mid-tier of firms in the country by assets under management (AUM). The firm has a small team, including 3 financial advisors. Ctb Financial Services, LTD is not a registered broker-dealer, signifying that the company cannot buy and sell securities for its accounts and those of its clients and instead is required to go through a broker-dealer company to do so. Securities are exchangable financial investments like options, bonds and equities.

    Ctb Financial Services, LTD administers all of the company's client assets on a discretionary basis. Discretionary management is a structure in which transaction decisions for the client's account are made by an investment advisor without needing client consent. The investment advisory firm manages roughly $211,345 in assets for each customer account. The typical advisor at Ctb Financial Services, LTD administers around 344 client accounts.

    The company's headquarters is located at 5811 South Cedar Lake Road, Minneapolis, Minnesota 55416. The firm is registered to serve customers throughout a few states, including California, Florida, Minnesota, Texas and Wisconsin.

    Assets Under Management

    $218.3 million

    Number of Advisors

    3

    Disclosures

    No

    Office Location

    5811 South Cedar Lake Road
    Minneapolis, MN 55416

    Ctb Financial Services, LTD by the Numbers

    Total Assets Under Management

    $218.3 million

    National Average: $8.6 billion
    Total Number of Employees

    9

    National Average: 64
    Total Number of Accounts

    1,033

    National Average: 375,227
    Average Account Size

    $211.3 thousand

    National Average: $23.0 thousand
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    Products and Services

    Ctb Financial Services, LTD provides multiple services, including financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, pension consulting services and educational seminars. In the past financial year, the firm provided financial planning services to 251-500 of its clients. The company is not engaged in selling products or offering services other than investment advisory services to its investment advisory customers. The firm is affiliated with one or more other companies in the financial services industry, including with an accountant or accounting firm.

    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

    • Find a firm that offers this service

      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.

    • Offered by 6% of firms

      Educational Seminars/Workshops

      This is the hosting of seminars or workshops to educate investors on financial concepts.

    Back to Overview

    Fee Structure

    Fees for financial advisory services largely are based on which service is provided. However, fee types billed by the company likely are comprised of any blend of the following fee types: asset-based, hourly or fixed. Ctb Financial Services, LTD does not participate in a wrap fee program, in which the firm offers a service bundle for a single fee.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 21% of firms

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Offered by 32% of firms

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    Unavailable

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

    Back to Overview

    Types of Clients

    The firm works with retail investors and high net worth investors. Out of its 1,033 customers, Ctb Financial Services, LTD's largest client type is retail investors, although it also manages money for 102 high-net-worth individuals. A high-net-worth individual is defined by the SEC as someone 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 clients are from outside of the U.S.

    • High-Net-Worth Individuals* - 33.89%
    • Other Individuals - 66.11%
    • Corporations - 0%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Ctb Financial Services, LTD does not have any disclosures.

    Please visit its Form ADV for more details.

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