Michael
Young

Classic Asset Management, LLC

CRD#3242751
Investment Advisor
in Fargo, ND

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About this Advisor

Michael Young is a certified financial planner operating in Fargo, North Dakota with 17 years of industry experience. Young is an advisor for Classic Asset Management, LLC. Young has gained experience at Classic Asset Management LLC D/B/A Financial Strategies Group, Young Financial Services, Classic, LLC and Classic Holdings LLC. Young holds Series 63 and Series 66 licenses, certifying them as a securities agent, and is approved to work in North Dakota and Texas. Classic Asset Management, LLC is a financial advisory company that has its headquarters in Fargo, ND. It administers $158 million in assets among its 1,891 client accounts, making it one of the mid-sized financial advisory firms in the country by assets under management. The firm advises three charities and foundations. Of its 1,891 accounts, just 4% are held by high-net-worth investors who have more than $1 million in investable assets. Classic Asset Management, LLC offers a number of services, including financial planning services, portfolio management for individuals and small businesses, selection of other advisers and other services. Fees for financial management are based on which service is offered. However, fee types charged by Classic Asset Management, LLC most likely include asset-based, hourly and fixed fees.

Certifications and Registrations

Series 63, Series 66, CERTIFIED FINANCIAL PLANNER™

Years Registered*

17 years

Services Offered

Financial planning services, Portfolio management for individuals and/or small businesses, Selection of other advisers, Other

Fee Structure

Percentage of Assets, Hourly Charges, Fixed Fees

Office Location

1220 28Th Avenue North
Fargo, ND 58102

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Classic Asset Management, LLC Brokerage Details

Total Assets Under Management

$158,396,000

ND Average: $301,464,358
Total Number of Employees

12

ND Average: 16
Total Number of Accounts

1,891

ND Average: 774
Average Account Size

$83,763

ND Average: $389,489

Investment Advisory Services

  • Financial planning services
  • Portfolio management for individuals and/or small businesses
  • Selection of other advisers
  • Other

Michael Young Work History

Michael has been registered as a financial advisor for 17 years.*

2013 - Present (11 years)

Classic, LLC

2011 - Present (13 years)

Classic Holdings LLC

2007 - Present (17 years)

Classic Asset Management LLC D/B/A Financial Strategies Group

1999 - Present (25 years)

Young Financial Services

*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 Michael Young 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 Classic Asset Management, LLC

Jameson Holehouse
Fargo, ND
Tawna Hermanson
Fargo, ND
Craig Rottman
Fargo, ND
Austin Avery
Fargo, ND
Michael Young
Fargo, ND
Douglas Schmitz
Fargo, ND

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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