MAGNETIC NORTH ADVISORS
PRIEBE WEALTH HOLDINGS, LLC Legal Name
Adviser information for MAGNETIC NORTH ADVISORS last updated from Form ADV on March 18th, 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 | Minnesota, United States |
Employees
| Total Number of Employees | 7 |
|---|---|
| Investment Advisory/Research | 5 |
| Registered Broker-Dealer Representatives | 5 |
| Registered State Investment Advisers | 5 |
| 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 | 1,463 | $404.0M |
| Non-Discretionary | 0 | $0 |
| Total | 1,463 | $404.0M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 465 | $142.2M |
| HNW Individuals | 152 | $261.2M |
| 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 | 0 | $0 |
| Charitable organizations | <5 | $589,160 |
| 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 | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 619 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMFixed fees |
| Other Business Activities | Insurance broker or agent |
Identifiers
| SEC RIA File Number | 801-119662 |
|---|---|
| SEC ERA File Number | 801-119662 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 309628 |
| Legal Entity Identifier | None |
Principal Office
6900 WEDGWOOD ROAD NSUITE 465
MAPLE GROVE
MN
United States
Monday - Friday, 8:30 AM - 4:00 PM
Tel: 763-543-3803, Fax: None
Websites
www.facebook.com/priebewealth
www.facebook.com/magneticnorthadvisors
www.facebook.com/legacycapitalwm
www.youtube.com/@priebewealth737
www.magneticnorthadvisors.com
www.priebewealth.com/
www.legacycapitalwealth.com/
twitter.com/priebewealth
www.linkedin.com/company/16342408/admin/
www.linkedin.com/company/82522762/admin/
www.linkedin.com/company/legacycapitalwm/
Chief Compliance Officer
JASON MICHAEL PRIEBE
MANAGING MEMBER
6900 WEDGEWOOD ROAD N
SUITE 465
MAPLE GROVE
MN
United States
Tel:
763.543.3803
J******@***************M
(Full email address available in API data)
Industry Affiliates
| MAGNETIC NORTH INSURANCE | Insurance company or agency |
| MAGNETIC NORTH TAX & ACCOUNTING | Accountant or accounting firm |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| PRIEBE, JASON, MICHAEL | Individual | – | CHIEF COMPLIANCE OFFICER AND MANAGING MEMBER | 06/2020 | 50-75% |
| BONIFACE, AUSTIN, JACOB | Individual | – | MANAGING MEMBER | 07/2022 | 50-75% |