COMPASS FINANCIAL SERVICES
COMPASS FINANCIAL SERVICES, INC. Legal Name
Adviser information for COMPASS FINANCIAL SERVICES last updated from Form ADV on February 2nd, 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 | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Iowa, United States |
Employees
| Total Number of Employees | 12 |
|---|---|
| Investment Advisory/Research | 7 |
| Registered Broker-Dealer Representatives | 7 |
| Registered State Investment Advisers | 7 |
| Licensed Agents of an Insurance Company | 7 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 1,684 | $288.2M |
| Non-Discretionary | 0 | $0 |
| Total | 1,684 | $288.2M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 760 | $118.5M |
| HNW Individuals | 257 | $166.0M |
| 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 | $175,182 |
| Charitable organizations | <5 | $906,790 |
| 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 | <5 | $2.6M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 51 |
| 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 clients |
|---|---|
| Compensation | % of AUMHourly charges |
| Other Business Activities | Registered representative of a broker-dealerInsurance broker or agent |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 0 |
| Both for Same | 283.5M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| COMPASS WRAP PROGRAM | COMPASS |
Identifiers
| SEC RIA File Number | 801-118466 |
|---|---|
| SEC ERA File Number | 801-118466 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 109441 |
| Legal Entity Identifier | None |
Principal Office
4801 WESTOWN PARKWAYWEST DES MOINES
IA
United States
Monday - Friday, 8AM-5PM
Tel: 515-327-1020, Fax: 515-440-1618
Chief Compliance Officer
CALEB PEARSON
4801 WESTOWN PARKWAY
WEST DES MOINES
IA
United States
Tel:
515-327-1020
Fax:
515-440-1618
C************@**************M
(Full email address available in API data)
Regulatory Contact
GARY CLAYTON
COMPLIANCE CONSULTANT
PO BOX 10254
KNOXVILLE
TN
United States
Tel:
865-770-1024
S******@*************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 |
|---|---|---|---|---|---|
| GREER, JULIE, KAY | Individual | – | SHAREHOLDER | 01/2017 | 10-25% |
| PEARSON, KURTIS, SCOTT | Individual | – | PRESIDENT | 12/2004 | 10-25% |
| CONARD, STEVEN, ANTHONY | Individual | – | SHAREHOLDER | 01/2017 | 25-50% |
| PEARSON, CALEB, WELLINGTON | Individual | – | CHIEF COMPLIANCE OFFICER | 01/2024 | 10-25% |
| LEMAN, GUY, ALLEN DUANE | Individual | – | SHAREHOLDER | 01/2019 | 10-25% |
| VAN HOUTEN, JUSTIN, EDWIN | Individual | – | SHAREHOLDER | 01/2022 | 10-25% |