ASPEN PRIVATE ADVISORS, LLC
Adviser information for ASPEN PRIVATE ADVISORS, LLC last updated from Form ADV on March 14th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | South Dakota, United States |
Employees
| Total Number of Employees | 4 |
|---|---|
| Investment Advisory/Research | 4 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 4 |
| Licensed Agents of an Insurance Company | 4 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 439 | $152.3M |
| Non-Discretionary | 0 | $0 |
| Total | 439 | $152.3M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 46 | $13.6M |
| HNW Individuals | 71 | $134.9M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | <5 | $2.4M |
| Charitable organizations | <5 | $1.4M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 1 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 51-100 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting services |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 0 |
| Both for Same | 149.6M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| ASPEN PRIVATE ADVISORS, LLC WRAP PROGRAM | ASPEN PRIVATE ADVISORS, LLC |
Identifiers
| SEC RIA File Number | 801-113814 |
|---|---|
| SEC ERA File Number | 801-113814 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 297639 |
| Legal Entity Identifier | None |
Principal Office
5201 SOUTH WESTERN AVENUESUITE 103
SIOUX FALLS
SD
United States
Monday - Friday, 9AM - 4PM
Tel: 605-951-9620, Fax: None
Chief Compliance Officer
TODD DATHE
MANAGING MEMBER
5201 SOUTH WESTERN AVENUE
SUITE 103
SIOUX FALLS
SD
United States
Tel:
(605) 951-9620
T***@**********M
(Full email address available in API data)
Regulatory Contact
JEREMY SORENSON
MANAGING MEMBER
5201 SOUTH WESTERN AVENUE
SUITE 103
SIOUX FALLS
SD
United States
Tel:
(605) 951-9620
J*****@**********M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| DATHE, TODD, ROBERT | Individual | – | MANAGING MEMBER & CHIEF COMPLIANCE OFFICER | 07/2018 | < 5% |
| SORENSON, JEREMY, JAMES | Individual | – | MANAGING MEMBER | 07/2018 | < 5% |
| ASPEN HOLDINGS, LLC | Domestic Entity | – | OWNER | 01/2021 | > 75% |
| SORENSON, JEREMY, JAMES | Individual | ASPEN HOLDINGS, LLC | OWNER | 01/2021 | 25-50% |
| DATHE, TODD, ROBERT | Individual | ASPEN HOLDINGS, LLC | OWNER | 01/2021 | 50-75% |