Sns Financial Group, LLC is a large advisory firm based in Minneapolis. It manages $952.44 million of regulatory assets for 2,953 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Arizona, California, Colorado, and 21 other states.
Sns Financial Group provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Sns Financial Group, LLC is $952.44 million. The firm's AUM has grown by 2735% since the beginning of its operation, and $1.95 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Sns Financial Group, LLC for their services and products based on a percentage of assets under management and fixed fees. 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Thomas Gifford Fee is high net worth individuals with 382 clients and $740.59 million of assets under management. Among the 10 most similar advisory firms, Sns Financial Group has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $952.44 million for 907 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Sns Financial Group doesn't advise any private funds.
The company employs 25 people that are either part- or full-time employees. 68 percent of the employees work as investment advisers or researchers. 17 employees are registered as investment adviser representatives with the state securities authorities.
There are 4 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Thomas Gifford Fee has been acting as President since 1 Jan 2017. Suzanne Marie Klapperich joined the executive team most recently as the Chief Compliance Officer.
The principal office where Sns Financial Group, LLC performs its advisory services is located at 43 Main Street Se, Minneapolis, MN 55414, which is also the mailing address of the firm. An additional office of the firm is in Oak Lawn, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 612-378-7560 or by fax 612-379-4895. The normal business hours are 8:00 am- 5:00 pm on Monday - Friday. You can find more information about the New York firm at snsfinancialgroup.com/.