Thomas
Hofstad

Avantax Planning Partners, Inc

CRD#6269489
Investment Advisor
in Minneapolis, MN

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About this Advisor

Thomas Hofstad is a financial advisor working in Minneapolis, Minnesota, who has 10 years of relevant experience. Hofstad currently works for Avantax Planning Partners, Inc. Their career trajectory has included roles at Honkamp Krueger Financial Services and Boyum & Barenscheer. Hofstad is able to advise clients in Minnesota. Avantax Planning Partners, Inc is a financial advisory business operating out of Dubuque, IA. The firm has offices in 89 locations and a total of 239 advisors. It oversees $6 billion in total assets among its 11,570 accounts, placing it among the largest investment advisory firms in the country by assets under management. The firm provides financial advisory services to 123 charitable organizations. Of its 11,570 customer accounts, just 11% belong to high-net-worth clients who have at least $1 million in assets. Avantax Planning Partners, Inc has a number of services, such as financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, pension consulting services and selection of other advisers. Financial management fees typically depend on which service is provided. However, fees charged by Avantax Planning Partners, Inc likely include some combination of asset-based, hourly and fixed fees.

Years Registered*

10 years

Services Offered

Financial planning services, Portfolio management for individuals and/or small businesses, Portfolio management for businesses or institutional clients, Pension consulting services, Selection of other advisers

Fee Structure

Percentage of Assets, Hourly Charges, Fixed Fees

Office Location

3050 Metro Drive Suite 200
Minneapolis, MN 55425

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Avantax Planning Partners, Inc Brokerage Details

Total Assets Under Management

$5,456,488,469

MN Average: $9,259,360,772
Total Number of Employees

239

MN Average: 166
Total Number of Accounts

11,570

MN Average: 7,189
Average Account Size

$471,607

MN Average: $1,287,990

Investment Advisory Services

  • Financial planning services
  • Portfolio management for individuals and/or small businesses
  • Portfolio management for businesses or institutional clients
  • Pension consulting services
  • Selection of other advisers

Thomas Hofstad Work History

Thomas has been registered as a financial advisor for 10 years.*

2003 - Present (21 years)

Honkamp Krueger Financial Services

1985 - Present (39 years)

Boyum & Barenscheer

*The number of years registered in this profile is calculated by taking the year of an advisor's first active registration and subtracting it from the current year.

Disclosures

Please visit the SEC profile of Thomas Hofstad to learn whether or not they have any disclosures. It is important to do your due diligence when looking for an advisor.

Financial Advisors at Avantax Planning Partners, Inc

Francis Dardis
Dubuque, IA
Jason Ernst
Bismarck, ND
Jennifer Penning
Dubuque, IA
Joseph Clagg
Indianapolis, IN
Nicole Boren
Mount Vernon, IN
Richard Runde
Dubuque, IA
Jonathan Davis
Dubuque, IA
Steven Broihahn
Madison, WI

The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.

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Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

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