Speece Thorson Capital Group Inc
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Overview
Speece Thorson Capital Group Inc is an advisory company headquartered in Hopkins, Minnesota. The company handles $502.0 million in assets across 28 accounts, placing it among the bigger firms in the country by assets under management (AUM). It has a small team, including 4 financial advisors. Speece Thorson Capital Group Inc is not a registered broker-dealer, meaning the firm is not able to 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 tradable financial assets such as equities, bonds and options.
Speece Thorson Capital Group Inc administers all of its 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 requiring client authorization. Speece Thorson Capital Group Inc supervises an average of $17.9 million in assets for each client account. The average advisor at Speece Thorson Capital Group Inc manages about seven client accounts, placing it among the more personalized firms in the country.
Speece Thorson Capital Group Inc's headquarters is located at 601 Carlson Parkway, Hopkins, Minnesota 55305-5231. Speece Thorson Capital Group Inc is registered to provide services to investors across a few states, including Minnesota and Texas.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Speece Thorson Capital Group Inc by the Numbers
$502.0 million
4
28
$17.9 million
Fee Structure
Financial management fees typically depend on which services the firm provides the client. Fees billed by the firm typically consist of the following fee structure: asset-based. Wrap fee programs, or the practice of bundling services for a single fee, are not provided by the firm.
Available
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Offered by 69% of firms
Percentage of Assets
Unavailable
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Find one of the 21% of firms that offer this fee type
Hourly
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Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 26% of firms that offer this fee type
Performance-based
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Find one of the 0% of firms that offer this fee type
Subscription
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Find one of the 32% of firms that offer this fee type
Fixed
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Find one of the 10% of firms that offer this fee type
Other
Types of Clients
The firm does business with a number of different clients. The company caters to retail investors, high net worth investors, pooled investment vehicles, pension plans, charitable organizations and state or municipal government entities. Out of its 28 accounts, Speece Thorson Capital Group Inc's largest client group by number of accounts is high net worth investors, though it also manages money for 12 high-net-worth individuals. A high-net-worth individual is defined by the SEC as someone who has at least $750,000 under management or a net worth of at least $1.50 million or who counts as 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* - 46.15%
- Other Individuals - 7.69%
- Corporations - 19.23%
- Charitable Organizations - 26.92%
* 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
Speece Thorson Capital Group Inc does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at Speece Thorson Capital Group Inc
Hopkins, MN
Hopkins, MN
Hopkins, MN
Hopkins, MN
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