NEW ERA FINANCIAL ADVISORS, INC.
NEW ERA FINANCIAL ADVISORS, INC Legal Name
Adviser information for NEW ERA FINANCIAL ADVISORS, INC. last updated from Form ADV on March 9th, 2023. 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 | JANUARY |
| Legal Location | Minnesota, United States |
Employees
| Total Number of Employees | 11 |
|---|---|
| Investment Advisory/Research | 11 |
| Registered Broker-Dealer Representatives | 9 |
| Registered State Investment Advisers | 11 |
| Licensed Agents of an Insurance Company | 10 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 2,762 | $964.4M |
| Non-Discretionary | 0 | $0 |
| Total | 2,762 | $964.4M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 1,436 | $220.4M |
| HNW Individuals | 1,308 | $734.3M |
| 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 | 11 | $850,410 |
| 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 | 7 | $8.8M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 1-10 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businesses |
|---|---|
| Compensation | % of AUMFixed fees |
Identifiers
| SEC RIA File Number | 801-26809 |
|---|---|
| SEC ERA File Number | 801-26809 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 110603 |
| Legal Entity Identifier | None |
Principal Office
801 TWELVE OAKS CENTER DRIVESUITE 826
WAYZATA
MN
United States
Monday - Friday, 8:30 A.M.-4:30 P.M.
Tel: 952-473-1116, Fax: 952-473-3129
Chief Compliance Officer
DONALD A. WARNER
CEO/CCO
801 TWELVE OAKS CENTER DRIVE
SUITE 826
WAYZATA
MN
United States
Tel:
952-473-1116
Fax:
952-473-3129
D******@******************M
(Full email address available in API data)
Regulatory Contact
SAMANTHA YOUNG
801 TWELVE OAKS CENTER DRIVE
SUITE 826
WAYZATA
MN
United States
Tel:
952-473-1116
Fax:
952-473-3129
S**@******************M
(Full email address available in API data)
Industry Affiliates
| NEW ERA FINANCIAL GROUP, INC. | Insurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| WARNER, DONALD, ALAN | Individual | – | CEO, CHIEF COMPLIANCE OFFICER | 05/1986 | < 5% |
| WARNER, DONALD, ALAN | Individual | NEW ERA FINANCIAL HOLDINGS, LLC | CEO, CHIEF COMPLIANCE COMPLIANCE OFFICER | 05/1986 | 25-50% |
| LINDAMAN, GRANT, F | Individual | NEW ERA FINANCIAL HOLDINGS, LLC | PRESIDENT | 05/1986 | 25-50% |
| KETCHER, SHAD, RAY | Individual | NEW ERA FINANCIAL HOLDINGS, LLC | PRINCIPAL | 04/2020 | 25-50% |
| NEW ERA FINANCIAL HOLDINGS, LLC | Domestic Entity | – | HOLDING COMPANY | 04/2020 | > 75% |