Burr Oak Group Inc (St Louis Park)

Burr Oak Group Inc is a large advisory firm based in St Louis Park. It manages $235.52 million of regulatory assets for 147 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Minnesota and South Dakota.

Burr Oak Group provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Burr Oak Group: assets under management

The assets under management (AUM) of Burr Oak Group Inc is $235.52 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -29% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $235.52 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.6 million each.

Burr Oak Group has custody of $235.52 million in cash and securities for 147 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Burr Oak Group Inc for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Burr Oak Group Inc

Randall J Sukovich has been acting as President since 1 Jul 1996. Megan Leah Faricy joined the executive team most recently as the President/Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Charles Heffelfinger Bell	Director and shareholder	1 Mar 1996	Other	4368137
Elizabeth Ann Debaut	Director and shareholder	1 Mar 1996	Other	4368157
Jill Kimberly Geoffrion	Director and shareholder	1 Mar 1996	Other	4368165
Timothy Clarence Geoffrion	Director and shareholder	1 Mar 1996	Other	4368169
Charles Bell Hartwell	Director and shareholder	1 Mar 1996	Other	4368172
David Bell Hartwell	Director and shareholder	1 Mar 1996	Other	4368177
John Mowry Hartwell	Director and shareholder	1 Mar 1996	Other	4368182
Lucy Bell Hartwell	Director and shareholder	1 Mar 1996	Other	4368206
Robin Taylor Hartwell	Director and shareholder	1 Mar 1996	Other	4368209
Dean Edward Hatten	Director and shareholder	1 Mar 1996	Other	4368213
Penelope Bell Hatten	Director and shareholder	1 Mar 1996	Other	4368216
Jeffrey Bessesen Heegaard	Director and shareholder	1 Mar 1996	Other	4368219
Lucy Hartwell Heegaard	Director and shareholder	1 Mar 1996	Other	4368222
Randall J Sukovich	President	1 Jul 1996	Other	1170567
Daniel Bert Marcotte	President/chief compliance officer	1 Jul 2008	Other	2178136
George Douglass Appleby	Co-president/chief compliance officer	1 Jun 2010	Other	6653
Megan Leah Faricy	President/chief compliance officer	1 Jan 2011	Other	4185743

Based in St Louis Park

The principal office where Burr Oak Group Inc performs its advisory services is located at Parkdale Plaza, Suite 426, St Louis Park, MN 55416 1506, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.