Northstar Capital, LLC

CRD#158003
Investment Advisor Firm

Answer a few questions and
get matched with an advisor.

Find an Advisor

Overview

Northstar Capital, LLC operates as an advisory company that has its headquarters in Minneapolis, Minnesota. Northstar Capital, LLC administers $734.7 million in assets under management throughout six client accounts, placing it among the bigger financial advisory firms in the nation by assets under management (AUM). It has a small group of 16 employees, of which 12 are financial advisors. Northstar Capital, LLC is not a registered broker-dealer, signifying that it is not able to buy and sell securities for its customers' and own accounts and instead is required to go through a broker-dealer company to do so. Securities are exchangable fiscal assets such as options, bonds and stocks.

Northstar Capital, LLC oversees all of the company's accounts in a discretionary manner. Discretionary management signifies that transaction choices are made by a portfolio manager without requiring client approval. The investment advisory firm's average account size is $122.5 million. An average financial advisor at Northstar Capital, LLC manages fewer than one client account, placing it among the most individualized financial advisor firms in the country.

The firm's headquarters is located at 45 South 7Th Street, Minneapolis, Minnesota 55402. It is permitted to serve clients across a number of states, including Minnesota and North Dakota.

Number of Advisors

12

Disclosures

No

Office Location

45 South 7Th Street
Minneapolis, MN 55402

Northstar Capital, LLC by the Numbers

Total Number of Employees

16

National Average: 4,943
Total Number of Accounts

6

National Average: 2,522
Average Account Size

$122.5 million

National Average: $1.3 million

Find a dedicated advisor for your needs

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.

Back to Overview

Fee Structure

Financial management fees usually vary depending on which services the firm provides the client. Fee types billed by the company most likely include the following fee structures: asset-based, performance-based or other. The company does not participate in a wrap fee program, in which the firm offers a bundle of services for a single fee.

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 17% of firms

    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.

  • Offered by 12% of firms

    Other

    Show Explanation

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

Unavailable

  • Find one of the 37% of firms that offer this fee type

    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.

  • 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 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 40% of firms that offer this fee type

    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.

Back to Overview

Types of Clients

The firm provides services to pooled investment vehicles. Out of its six customers, Northstar Capital, LLC's biggest client group by number of accounts is pooled investment vehicles. None of the firm's clients are from outside of the U.S.

  • High-Net-Worth Individuals* - 0%
  • Other Individuals - 0%
  • Corporations - 100%
  • 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.

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.

Back to Overview

Disclosures

Northstar Capital, LLC does not have any disclosures.

Please visit its Form ADV for more details.

Back to Overview
Back to Overview

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.

Back to Overview

This content was compiled from the SEC and FINRA