Investors Financial Group

CRD#154168
Investment Advisor Firm

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Overview

Investors Financial Group operates as an advisory company headquartered in Minneapolis, Minnesota. The firm has $725.3 million in assets over 2,927 accounts, making it one of the larger firms in the United States by assets under management (AUM). The company has a small team of 26 employees, including 22 financial advisors. Investors Financial Group is not a registered broker-dealer, meaning it cannot buy and sell securities for its accounts and those of its clients and instead is required to go through a broker-dealer firm to do so. Securities are defined as exchangable financial assets like options, bonds and equities.

Investors Financial Group oversees most of its client assets in a discretionary manner. Discretionary management signifies that buy and sell choices for the client's account are made by an investment advisor without requiring client approval. Investors Financial Group also manages six non-discretionary accounts with a total of $28.1 million in assets under management. Investors Financial Group manages about $247,800 for every client account. The average financial advisor at Investors Financial Group oversees around 133 client accounts.

The firm's central office is at 9800 Shelard Parkway, Minneapolis, Minnesota 55441. Investors Financial Group is legally registered to serve customers throughout 26 U.S. states and territories.

Assets Under Management

$725.3 million

Number of Advisors

22

Fee Structure

Asset-based, Hourly, Fixed

Disclosures

Yes

Office Location

9800 Shelard Parkway
Minneapolis, MN 55441

Investors Financial Group by the Numbers

Total Assets Under Management

$725.3 million

National Average: $3.3 billion
Total Number of Employees

26

National Average: 4,943
Total Number of Accounts

2,927

National Average: 2,522
Average Account Size

$247.8 thousand

National Average: $1.3 million

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Products and Services

Investors Financial Group offers multiple financial services, including financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients and pension consulting services. In the last fiscal year, the firm provided financial planning services to 1-10 of its clients. The company is not involved in selling products or offering services other than investment advice to its investment advisory clients.

Core Advisor Services

  • Offered by 45% 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 63% 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

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Fee Structure

Fees for financial advice usually depend on which services the firm provides the client. Fees billed by the company most likely include any blend of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are offered by the company.

Available

  • Offered by 75% 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 37% 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 40% 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 3% 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 17% 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 1% 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 12% 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.

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Types of Clients

The company manages money for a number of different clients. The firm caters to retail investors, high net worth investors, pension plans, charitable organizations and corporations. Out of its 2,927 customers, Investors Financial Group's biggest client type by number of accounts is retail investors, but it also manages money for 338 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 more than $1.50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the firm's clients are represented by non-U.S. persons.

  • High-Net-Worth Individuals* - 22.73%
  • Other Individuals - 74.45%
  • Corporations - 2.42%
  • Charitable Organizations - 0.4%

* 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

Investors Financial Group has disclosures.

Please visit its Form ADV for more details.

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Financial Advisors at Investors Financial Group

Rodney Meyer
Mankato, MN

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This content was compiled from the SEC and FINRA