Piper Jaffray Investment Management, LLC

CRD#145876
Investment Advisor Firm

Answer a few questions and
get matched with an advisor.

Find an Advisor

Learn more about Piper Jaffray Investment Management, LLC

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

    Piper Jaffray Investment Management, LLC is an advisory firm that has its headquarters in Minneapolis, Minnesota. The company manages $2.5 million in total assets across one account. It has a small group of 10 employees, including two financial advisors. Piper Jaffray Investment Management, LLC is not a registered broker-dealer, meaning the advisor cannot 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 financial investments like options, bonds and stocks.

    Piper Jaffray Investment Management, LLC manages all of the firm's client assets in a discretionary manner. Discretionary management is a structure in which transaction choices for the client's account are made by a portfolio manager without needing client approval. The firm administers about $2.5 million in assets for every account. The typical financial advisor at Piper Jaffray Investment Management, LLC manages fewer than one client account, placing it among the most personalized firms in the country.

    The company's central office is located at 800 Nicollet Mall, Minneapolis, Minnesota 55402. It is legally permitted to serve customers in the state of Minnesota.

    Assets Under Management

    $2.5 million

    Number of Advisors

    2

    Fee Structure

    Performance-based

    Disclosures

    No

    Office Location

    800 Nicollet Mall
    Minneapolis, MN 55402

    Piper Jaffray Investment Management, LLC by the Numbers

    Total Assets Under Management

    $2.5 million

    National Average: $3.3 billion
    Total Number of Employees

    10

    National Average: 4,943
    Total Number of Accounts

    1

    National Average: 2,522
    Average Account Size

    $2.5 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

    Fees for financial management vary depending on which services are provided. However, fees billed by Piper Jaffray Investment Management, LLC typically consist of the following fee structures: performance-based. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the company.

    Available

    • 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.

    Unavailable

    • Find one of the 75% of firms that offer this fee type

      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.

    • 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.

    • 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.

    Back to Overview

    Types of Clients

    It provides services to pooled investment vehicles. Piper Jaffray Investment Management, LLC's largest client is pooled investment vehicles. None of the firm's customers reside abroad.

    • 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

    Piper Jaffray Investment Management, 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