HANSEATIC MANAGEMENT SERVICES INC

Advisory Business

Type of Organization	Corporation
Fiscal Year End	DECEMBER
Legal Location	New Mexico, United States

Employees

Total Number of Employees	4
Investment Advisory/Research	4
Registered Broker-Dealer Representatives	0
Registered State Investment Advisers	2
Licensed Agents of an Insurance Company	0
No. of Firms/People that Solicit Clients	0

RAUM

Provides Management of Securities Portfolios	Yes

Type	Accounts	RAUM
Discretionary	265	$83.4M
Non-Discretionary	1	$22.5M
Total	266	$105.9M

Clients

Type	Number	RAUM
Individuals	242	$40.3M
HNW Individuals	17	$18.5M
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	$1.4M
Charitable organizations	0	$0
State or municipal gov entities	0	$0
Other investment advisers	<5	$42.0M
Insurance companies	0	$0
Sovereign wealth funds and foreign official institutions	0	$0
Corporations or other businesses	<5	$3.7M
Other	0	$0

Type	Number
No. of Non-RAUM Clients	2
No. of Non-U.S. Clients	0
No. of Financial Planning Clients	11-25

Services

Advisory Services	Financial planningPortfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsMODEL PORTFOLIO PROVIDER
Compensation	% of AUMHourly chargesFixed fees

Wrap Fee Program

Offers Wrap Fee Program	Yes

Acting As	RAUM
Sponsor	0
Portfolio Manager	42.0M
Both for Same	0

Portfolio Manager to Program	Sponsor
VCM	VIRTUE CAPITAL MANAGEMENT, LLC

Identifiers

SEC RIA File Number	801-49508
SEC ERA File Number	801-49508
SEC CIK Numbers	1128074
SEC CRD Numbers	107110
Legal Entity Identifier	None

Principal Office

5600 WYOMING NE
SUITE 220
ALBUQUERQUE
NM
United States

Websites

Chief Compliance Officer

No. Employees, Historic

RAUM, Historic

No. Clients, Historic